Founders Bootcamp, a four day intensive training program for Russian startups, took place June 2–5 at the Moscow State University Science Park. More than 60 startup teams gathered to discuss their projects with business angels and venture capitalists from the US and Russia.
The Organization for Economic Co-operation and Development report on Russia, published on June 6, urges the Russian government to step up protection of intellectual property rights, strengthen competition and invest more in research and development to boost innovation and entrepreneurship across the economy.
Russia’s state-own nanotechnology corporation Rusnano and US technology company Intel have opened a training school “Innovation and Entrepreneurship in High Technologies Sector” in Izhevsk, Republic of Udmurtia, Rusnano reports. The three-day training goal is to teach innovation entrepreneurship, project management and key aspects of creating scientific goods and services in demand to local specialists.
Microsoft is ready to invest some $10 million into 100 Russian startup companies over a 10-year period, the president of Microsoft Russia Nikolya Pryanishnikov told RBC, a Russian news agency yesterday. “Our experience is that investment into a single startup should total between $50,000 and $500,000 with an average of $100,000,” Pryanishnikov explained. According to …
Microsoft to distribute $10 million among 100 Russian startups over 10 years Read More
MTS, a leading NYSE listed mobile operator in Russia, will invest over 600 million rubles ($30 million) in a unified system for monitoring and quality control of MTS services, the company reported in a news release on Monday. The management solution for the new system will be provided by Krakow-based firm Comarch.
Moscow based web consulting firm Ashmanov & partners, together with leading Russian financial group Finam and lesser known Kazakhstani real estate developer Kusto, are set to enter the Vietnamese web search market by October, Russian business daily Kommersant wrote on Monday, citing sources close to partners in the venture. The project could receive “several hundred …
Russian firms Ashmanov and Finam to chase Google in Vietnam Read More
Sintez-rus, a traditional and online retailer of Sony electronics products in Russia, has opened its first online retail outpost for Sony-branded products on Russia’s largest social network, Vkontakte.ru. The news was announced yesterday by e-commerce solutions provider Magazinga, which provided the software platform for the new outlet. Magazinga, launched last April, is a joint venture …
Sony products to be sold on Russia’s largest social network Read More
Russian Navigation Technologies (RNT) announced last week that the story of its formation and growth has been included as a business case study at Stanford and a number of other US universities. RNT is Russia’s largest manufacturer and integrator of telematics systems and a leader on the Russian fleet management systems market. Its Auto Tracker …
Stanford students to study Russian telematics success story Read More
Tucked away in Syktyvkar, the capital of the Komi Republic some 1,400 km northeast of Moscow, Russian programming researcher Efim Bushmanov is getting a lot of attention. Having reverse engineered Skype protocols and then made his research available to the public via his blog just a few days ago on June 2, search queries bearing …
Efim Bushmanov: “Good products can’t stay proprietary for long” Read More
30 year-old Efim Bushmanov from Syktyvkar, the capital of the Komi Republic some 1,400 km north-east of Moscow, a self described “free lance researcher,” claims he is on the way to completely reverse-engineer Skype’s proprietary protocol and encryption systems. “My aim is to make Skype open source and find friends who can spend many hours …
Moscow-based Sitronics, the LSE-traded, high-tech arm of the diversified Russian conglomerate Sistema, is ready to ink a pact with the second-largest Chinese telecom equipment maker, ZTE, to open a research and development center on the outskirts of Beijing, Russian news agency RIA Novosti reported on Wednesday, citing Sitronics’ vice president Irina Lanina.
Russian students won five medals in a total of twelve competitions at the Association of Computing Machinery International Collegiate Programming Contest (ACM ICPC) held from May 27 -31 in Orlando, Florida this year. The student team from St. Petersburg State University, in particular, won the 4th place gold medal at the IBM-sponsored championship.
