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You are here: Home / Events / Applications open for Nova Tech Spring Program 2024 in Ukraine

Applications open for Nova Tech Spring Program 2024 in Ukraine

Deadline: 31 January 2024

Do you dream of implementing your development with the largest logistics operator of Ukraine? Do you want to be the best and receive UAH 400,000 for your decision? The Ukrainian Startup Fund together with the express delivery leader Nova Poshta with the support of EIT Community RIS Hub Ukraine are opening a set of teams to participate in the Nova Tech Spring 2024 program with the final pitch on March 14 at the Nova Tech open innovation studio.

The best teams will be able to present their startup after the selection process. Additionally, finalists will compete for a unique opportunity – a collaboration with Nova Post to pilot and launch their solution jointly.

During the preparation for the final, selected teams will visit the Kyiv Innovation Terminal, undergo mentorship sessions with the best specialists in the industry, and visit the Nova Tech Open Innovations Studio along with laboratories.

Who are they looking for?

Do you want to be part of the innovation revolution in the logistics sector? Do you already have a formed startup/company, MVP, or a prototype of a solution that can address the current challenges in this industry? Then this program is just for you! Nova Post is seeking new solutions in three relevant directions.

  • Direction 1 – Sorting Automation
    • Issues:
      • Manual handling for unloading and loading
      • Low transportation speed to the loading zone
      • Variety of cargo, complexity in handling them
    • Solution Requirements:
      • Productivity. The solution should ensure a total productivity of not less than 2,000 shipments per hour for the entire terminal.
      • Safety. The solution must be safe for both humans and shipments in its vicinity.
      • Scalability. The system should be designed to be easily implemented across various terminals without significant infrastructure changes.
  • Direction 2 – Warehouse Automation
    • Issues:
      • Many assets increase and require constant inventory (scanning), demanding significant human resources and time.
      • Some assets are constantly moving (pallets, mesh containers, boxes) between company departments.
      • Up to 400 people may work in different areas of the terminal, and it is necessary to ensure that everyone works efficiently.
    • Solution Requirements:
      • Scalability. The solution should be designed for use in production facilities of varying sizes within the company: large terminals, regional terminals, urban depots, and branches.
      • Online tracking of personnel and cargo. The personnel control and cargo management system should provide information on the location and efficiency of each worker in real time.
      • Simple inventory management. The asset tracking system should allow for quick or automatic (without human involvement) control and inventory at specified intervals.
  • Direction 3 – New Service at Contact Points
    • Issues:
      • Currently, the surface of parcel lockers is static and cannot be used for communication with the customer.
      • Large branches have sufficient space to accommodate additional services from partners.
    • Solution Requirements:
      • Reliability. The solution should be designed to be free of additional human resources for maintenance.
      • Customer attractiveness. Capture customer attention, create a wow effect, and provide additional value – the perfect solution for new products at contact points.
      • Decision requirements:
      • Reliability. The solution should be such that it does not require additional human resources for maintenance.
      • Attractiveness for the client. Capturing the customer’s attention, creating a wow effect and providing added value is the perfect solution for new touchpoint products.

Selection Process

  • Submission of an application for your product or service.
  • Finalist selection.
  • The Kyiv Innovation Terminal and cargo terminal attendance to observe the shipment sorting process.
  • Mentorship sessions from leading specialists and a presentation of the Nova Tech Open Innovations Studio and laboratories.
  • One month for the product concepts and solutions development. Participants may form groups to achieve maximum results.
  • Offline Demo Day.

For more information, visit Ukrainian Startup Fund.

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