Alexander Bryzgalov was born in the Southern Urals. He studied at Chelyabinsk Polytechnic Institute. In 1985 he became a certified radio engineer and began his career in MIC “mailbox”. In 1991, he moved to Moscow, was engaged in the development of various business projects. In 2007 he graduated from the Russian Academy of Public Service under the President of the Russian Federation majoring in Management of Innovations and Investments and began to work in the venture capital industry of the country. In 2012, together with the Moscow Institute of Physics and Technology he created a small innovative enterprise Technovations Cup to arrange a contest of university technology projects and to develop a federal network of accelerators TechnoCup.

Alexander Bryzgalov is a Member of the national French Order.
The Technovations Cup contest began in 2007 at MIPT as a competition of student technological innovation projects. The objective of the contest is to help students transfer scientific and technical developments into the technological plane, and real business. Projects in the field of information technology, biomedicine, new materials and engineering were submitted for the contest. Gradually the MIPT project was joined by other leading technological universities in Russia: from Vladivostok to Kaliningrad.

Since 2010, the contest has become international – projects from Ukraine, Belarus, and the Baltic countries take part in it, as well as from Israel and Germany. Many applications have been filed during the years, and over 100 projects took part in the finals of the Technovations Cup. With the development of venture business in Russia, the Technovations Cup has become an important element for search and selection in a university environment of innovative technology projects.
Since 2011, the jury of the contest included representatives of the leading venture capital funds in Russia, and OJSC Russian Venture Company, OJSC RUSNANO and other development institutions became the title sponsors. Finalists and winners of the Technovations Cup for the last three years have attracted investments of about 1 bln rubles.

Here is just one example: in 2011, Displair project from Astrakhan became the winner. Soon after the final the project leader - Maxim Kamanin  - attracted first venture capital investments and had the opportunity for more active development of the project. Now Displair is worth over 10 mln dollars, and “air displays” themselves are now on sale.
Since 2013 the contest has a new direction – search and development of the best university technology projects for industrial enterprises in the country with the involvement of venture and corporate investment. Currently, the Technovations Cup has started formation of the federal network of accelerators TechnoCup. Today the network includes 16 structures from the large cities of Russia, a group of 7 venture capital funds is formed, partnership with Russian and international technology companies (MTC, IBM, etc.) are being established.

The project leader, Alexander Bryzgalovbelieves that «the Technovations Cup was a successful project..

“First,” he says, “because the contest has gained federal importance and with the involvement of venture capital has become a very good link between the university developments and the technological business. And second, because it has seen a lot of different success stories of individual projects. According to our data, during the contest about15 projects have turned into an independent business and are already starting to accumulate other related projects. In addition, TechnoCup became an ASI project, , since the problem of bringing together the university training process and practical project activity is the state and infrastructural task. And with ASI support we are moving towards private-public partnership in this area.”