The Far East and Baikal Regional Development Fund, which was set up a year ago, may be increased considerably, the innovation news portal Venture-News.ru reported last week. Currently, its authorized capital is $15.5 million; but it may soon be boosted to as much as $3 billion or more. The idea came from Russian President Vladimir …
Far East and Baikal Regional Development Fund to be bumped up by 200 times Read More
During a US-Russia Bilateral Presidential Commission meeting held on October 30, foreign and Russian experts debated approaches that the participants thought would be beneficial for Russia to choose in its drive for innovation. Marchmont CEO Kendrick White took part as an American expert. He shares his impressions and his ideas on how to improve what seems …
Kendrick White on Russia’s modernization: “We cannot wait another twenty years” Read More
Obninsk, a ‘science city’ in the Kaluga region, announced plans to build its own $40 million high tech technopark. The effort will be funded on a roughly 50/50 basis between federal and regional coffers, the Nanoprom.ru portal reported earlier this week. The future technopark will reportedly focus on biotechechnology and pharmaceuticals, nanotechnology, nuclear power technology, …
The Union of Regional Innovation IT and Electronics Clusters has been established in Russia, reports the NanoNewsNet portal. The decision was formally announced on October 31, 2012 on the opening day of the Open Innovation international forum in Moscow. Under the terms of the Union’s Declaration, the new association welcomes regional innovation clusters that manufacture …
Key regional IT and electronics clusters create union Read More
Bashkortostan, a sizable region in the Volga area, is developing its own IT park. “We’re drafting an IT park concept and we already have a business plan,” said Boris Melkoedov, the region’s minister of telecommunications. “The region is also in talks with federal authorities over the inclusion of our project in the Russian techno-park development program.” …
Russian Railways, the national rail operator, plans to introduce RFID tagging across all its assets, from rail cars to tracks and stations, over the next year, the Russian newspaper Izvestiya reported last week, citing a source in the Russian Ministry of Industry and Commerce. Reader devices will be mounted on locomotives. The data read from …
‘Est Idea,’ which translates as “I’ve got an idea,” is a new web platform being launched in Russia. It focuses on automatic control systems, telecommunications, and data transfer. The pilot project, developed by the Moscow-based NIIAA Semenikhin Research Institute of Automatic Equipment, presents itself as “an open public online platform enabling the accumulation of ideas; …
‘Est’ Idea,’ a new Web-based platform to hunt for innovation Read More
Republican US Presidential candidate Mitt Romney, who has been building his foreign policy program around avowedly fault-finding rhetoric regarding Russia, invested last year in Russian natural gas, banking, and IT stocks. According to his 2011 tax return released on September 21, the GOP nominee used some of his earnings from the politician’s former employment at …
Yandex stock play dented Mitt Romney’s credibility Read More
Sitronics Microelectronics, the largest maker and exporter of microelectronics in Russia and the CIS, has announced the first sales of its new microchips applying the 90-nanometer design rule. The chip is reportedly designed for use in computer system components, with its immediate market seen as Russian companies developing equipment for aerospace engineering.
Igor Matsanyuk, a prominent figure in the Russian Internet and online game industry, and now the owner of Imi.vc, a Russian venture capital firm that funds innovative mobile apps, has invested $4 million in Narr8, Russian IT portal CNews.ru reported last week. Founded by former Mail.ru VP Alexander Vashchenko, Narr8 is a producer of comic book-based …
Narr8 raises $4 million to animate Russian and US tablets Read More
Russia’s first large-scale production facility of microelectronics components made to the 45-nanometer and smaller design rule will be coming on-line outside Kaliningrad by the end of this fall, news agency RIA Novosti reported earlier this week. Located in the town of Gusev, GS Nanotech Center will require a reported $130 million in investment and is …
45nm chips outside Kaliningrad; rollout slated for late fall Read More
Freedom House, a US-based NGO monitoring the progress or restriction of human freedoms as it perceives them around the globe, has published its most recent Freedom on the Net 2012 report, the third in its series. This edition assesses Internet and digital media in 47 countries over a period spanning January 2011 and May 2012. …
