Ilya Sachkov, Founder and CEO of Group-IB, an international company that specialises in the prevention of cyber attacks, has been named a winner in the Nemaly Business Prize in the category “Innovative Breakthrough”. All winners of the award congratulated President Vladimir Putin at the Kremlin.
The prize for young Russian entrepreneurs (called “Немалый бизнес”, lit. a considerable or significant business) was created with the support of the Commissioner for the Protection of the Rights of Entrepreneurs of the Russian Federation and the Russian Ministry of Economic Development. Close to 25,000 Russian entrepreneurs entered the competition. In total, 100 of best business projects were selected, including Group-IB, a resident of the Skolkovo Innovation Centre. Following the results of the voting and expert opinions, Ilya Sachkov made it onto the shortlist—made up of 25 finalists—and became the winner in the category “Innovative Breakthrough”.
Sachkov received the prize from the hands of Boris Titov, the Commissioner for the Rights of Entrepreneurs of the Russian Federation. In his speech, Titov stressed that Group-IB’s technologies, which help fight against cybercrime, are renowned throughout the world. Ilya Sachkov, in turn, thanked the competition’s organisers and participants.
According to the Prize regulations, the category “Innovative Breakthrough” is awarded to the winning applicant for technological innovations that help the company achieve fundamentally different economic performance. According to the scoring system, each participant is judged on criteria such as revenue based on the regional coefficient, profitability, revenue growth rate, number of employees, and export activities. To be nominated for the category for which Group-IB applied, it is also necessary to provide evidence in the form of a patent for the invention, as well as accounts relating to implementing the innovation, the payback period, and profitability.