North Caucasus

Russia aims to attract foreign investors to build giant medtech cluster in North Caucasus

A giant medical technology cluster could be built in Mineralnye Vody, a city in Southern Russia, with participation from Russian and foreign private investors. The project may require an investment of 162 billion rubles (about $2.5 billion at the current exchange rate). The Russian government would contribute a quarter of this amount, or 40 billion …

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GVA and Summa to launch Plug and Play accelerators across Russia and CIS

Global Venture Alliance (GVA) and the Summa Group yesterday announced an agreement with leading California accelerator Plug and Play Tech Center to create Plug and Play affiliates across Russia and other former Soviet republics. Following the opening of the first Russian Plug and Play in Moscow last June, new accelerators will be created in Daghestan, …

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Digital radio and TV launched in North Caucasus

Digital radio- and tele-broadcasting have been launched in the North Caucasus for the first time, TASS-Telecom reported last week. The launch ceremony took place in Vladikavkaz in the Republic of Northern Ossetia-Alanya and was attended by Igor Shchegolev, the Minister of Communications and Mass Media.

From Chechen startups to futurology, innovative business strategies discussed at Russian-American forum

YEES 2011, a collaborative Russian-US forum dedicated to modern entrepreneurship and innovation techniques took place in Moscow last week. The forum gathered over 50 speakers from venture funds, scientific circles, government agencies as well as tech firms and Internet startups. Among them were high level representatives from Cambridge University, Google and Intel Capital as well …

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