The mining and steel company has formed an open innovation scheme to encourage startups to solve issues it is facing in its everyday operations.
Russia-based energy, mining and steel group Severstal has launched an open innovation portal in a bid to improve its relationships with entrepreneurs and other industry professionals.
The Open Innovations platform sets startups a list of challenges for Severstal and invites them to solve the issues, and potentially assess their technologies at the company’s enterprise zones and its cooperative innovation facility, Technopark.
The initiative is intended to complement Severstal’s existing open innovation activities, such as corporate venturing unit Severstal Ventures and…