Skolkovo

Skolkovo claims it reduces brain drain from Russia; announces new R&D center in Amsterdam

In his speech at a plenary session held in Skolkovo’s Hypercube building last month, Viktor Vekselberg, the tech hub’s president, identified the emigration of tech specialists as one of Russia’s most pressing issues. “It’s a shame to hear Russian speech everywhere when you go to Silicon Valley,” Vekselberg said. “Large [Russian] corporations need to be …

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Cisco and Skolkovo team up for research and education

In late April, Cisco and the Skolkovo Institute of Science and Technology (Skoltech) signed a letter of intent envisioning a wide range of joint activities in the fields of scientific research and education. These include a practical training program for Russian industry professionals and government employees in the US. In accordance with the agreement, the …

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From Skolkovo to Kazan, international VCs visit top innovation spots but lose hockey match against local champions

Held last week in Moscow and Kazan, Tatarstan, the 2013 edition of the Russian Tech Tour offered yet another illustration of the growing appeal of the Russian tech scene to venture capitalists. Not only did more than 70 Western and Russian businessmen visit some of the Russian capital’s hottest tech spots, from Skolkovo to Digital October, they …

From Skolkovo to Kazan, international VCs visit top innovation spots but lose hockey match against local champions Read More

Top Skolkovo executives threatened by criminal investigation

After being exposed recently to public criticism stemming from the Russian government – including President Putin himself – the Skolkovo Foundation is now targeted by an inquiry of the Investigative Committee of Russia’s Prosecutor Office. The investigation was triggered by a recent report by Russia’s Accounts Chamber revealing several cases of questionable financial practices by …

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Skolkovo to scrutinize its resident companies and remove tricksters

In a bid to spruce up its ever-growing project portfolio, the Skolkovo Foundation has leaked to the press its plans to weed out ‘bad’ residents. In an exchange with the Russian business daily Vedomosti, Alexei Beltyukov, Skolkovo’s senior vice president for development and commercialization, said that the Foundation, which runs the state-sponsored Skolkovo innovation hub …

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Former Skolkovo COO Steven Geiger: “I am concerned about the future of innovation in Russia.”

A leading authority on global innovation who designed and built national technology programs for countries as diverse as Russia and Abu Dhabi, Steven Geiger recently made a guest lecture at Moscow’s New Economic School on the common mistakes countries make when attempting to create innovation cities, and how to best avoid them (see video). “I am concerned …

Former Skolkovo COO Steven Geiger: “I am concerned about the future of innovation in Russia.” Read More

Russia grants international investors preferential visa regime

Last week Russian President Vladimir Putin signed into law a draft bill supplementing and amending the country’s current visa legislation. The new law grants preferential visa treatment to representatives of large international corporations investing in Russia and of companies participating in two key state-supported programs: Skolkovo, the giant tech hub under completion on the outskirts …

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Skolkovo under fire; government innovation policies may be reshaped

Skolkovo, the state-sponsored giant tech hub nearing completion on the outskirts of Moscow, has come under sharp criticism over the last several months, suggesting that government policies in support of innovation in the country could be reviewed. Among the first signs of resistance to Skolkovo’s recent development were remarks made this past October by Deputy …

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Russians learn tech monetization in Israeli settlement

A group of forty Russian scientists has received a week of on-the-job training in the commercialization of hi tech projects at Israel’s Ariel University, the innovation news portal Venture Business News reported last week. The university, which is located in the Israeli settlement of Ariel in the West Bank, was upgraded just two months ago …

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