The technopark of Sarov in the Nizhny Novgorod region plans to raise 1 billion rubles, or some $30 million, to finance investment projects which will be selected through an innovation contest, the RIA news agency reported earlier this week.
The contest will cover 13 different technological fields, including IT, supercomputers, space systems, transportation, and electrophysical technologies.
The innovation contest will be carried out in three stages. In the first stage, a pool of projects will be formed. The technopark will then seek out partners who are willing to co-finance the projects. The third stage will bring the final results. Applications are due by September 15, 2012, with the contest to be completed in 2012.
The Sarov technopark was set up in 2005 on the premises of the Russian Federal Nuclear Center – the All-Russian Research Institute of Experimental Physics in the Nizhny Novgorod region – as a public-private partnership (PPP). The technopark’s shareholders include the financial corporation Sistema, the state nuclear energy corporation Rosatom, and state-run nanotech giant Rusnano. There are 28 large high-tech innovation companies currently working in the technopark.