Policies

Government IT fund partners with VCs and industry players to increase startup support

April 21, 2014

Rosinfocominvest, a government fund set up to back IT and telecom projects, now has 12 partnerships with major Russian IT players and VC funds under its belt, all set to jointly invest in IT startups. The Russian Ministry of Telecom and Mass Communications, which stands behind the Rosinfocominvest project, emphasized that this represents “a fourfold …

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No more iPads for Russian ministers

March 31, 2014

While Apple’s products have become a must-have in the Russian political elite, the Russian government no longer uses iPads, according to Communications Minister Nikolay Nikiforov. Instead, ministers are required to use Samsung tablets in cabinet meetings and government committees. Nikiforov, who earlier in the week suggested that the USA’s commitment to eavesdropping on foreign governments …

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Defying political turmoil, US and Russian players continue developing innovation ties

March 13, 2014

Despite the flurry of negative exchanges between top U.S. and Russian government officials since the onset of the Crimea crisis in Ukraine, the state of Minnesota is continuing to promote a US-Russian innovation conference planned long ago for the city of St. Paul. Additional supporters of the event include the US-Russia Business Council; RVC-USA (the …

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Civil activists expose violations of Internet freedom across Russia

February 13, 2017

More than 1,800 instances of the government-led abuse of Russian Internet users’ rights for unrestricted access to web-based information last year were brought to light in a muckraking report issued last week by a Russian civil rights group. Agora, an interregional association of Russian civil rights NGOs set up in 2005 to bring together lawyers …

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Government-sponsored startup tour to bring innovation expertise to 26 Russian cities

January 15, 2014

Next week a group of select innovation experts, venture capitalists and representatives of large corporations will start a three-month-long road show through 26 Russian cities – from St. Petersburg, to Astrakhan on the shores of the Caspian Sea, to Tomsk and Yakutsk in Siberia, to Vladivostok in the Far East – aiming to meet thousands …

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Government fund of funds RVC celebrates birth of domestic venture industry, recognizes disbalances and need for further global integration

November 28, 2013

Last week RVC (formerly known as Russian Venture Company) presented its updated development strategy for the coming years. The state-owned fund of funds, whose mission is to support venture activity and stimulate innovation in the country, considers that Russia’s venture market “has established itself” after three or four years of accelerated growth. Virtually non-existent a …

Government fund of funds RVC celebrates birth of domestic venture industry, recognizes disbalances and need for further global integration Read More

Challenges for innovation policies: A comparison between France and Russia

November 19, 2013

The need to restructure the Russian economy has led to a variety of public policy initiatives. Whatever the official vocabulary, “innovation” is a key aspect of these policies. Therefore, a comparison with a country such as France that has implemented a very pro-active innovation policy may provide some tools of analysis. In both countries but …

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Government seeks to curb online alcohol retail

November 19, 2014

Rosalkogol, a government agency that oversees the sale of alcohol in Russia, is seeking permission to be able to blacklist Internet sites that sell alcoholic beverages online, which is in violation of current Russian legislation. If the Russian Cabinet approves the move, the regulator will have the power to engage Roskomnadzor, another federal agency that keeps …

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Putin touts high-tech opportunities in Korea

November 13, 2013

President Vladimir Putin encouraged greater economic integration with the Pacific Rim countries and prioritized partnerships with South Korea in the field of high technology at a meeting in Seoul on Wednesday, Interfax reported. “We propose to put the main wager on integrating economically into the Pacific Rim, attracting direct foreign investments, and creating concrete conditions for the placement of export-oriented production facilities, primarily those focused on the Pacific Rim markets,” …

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