Incubators, Accelerators, Technoparks

Government decree simplifies the hiring of foreigners at Skolkovo

Russian Prime Minister Dmitry Medvedev has simplified the process of hiring foreigners at Skolkovo, the international tech hub under completion on the outskirts of Moscow. Medvedev, who signed the original decree on the creation of Skolkovo as president in 2010 and sits on its board of trustees, has included all of the project’s legal entities …

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Life.SREDA announces InspirAsia fintech accelerator for Singapore

Moscow-based international venture capital firm Life.SREDA is launching its brand new fin-tech accelerator InspirAsia in Singapore supported by its second fund of $100 million. Applications are open from today. Life.SREDA’s Managing Partner Vladislav Solodkiy has previously been invited by the Rocket Internet brothers for closed-door sessions to discuss global fin-tech industry trends. Now his eyes are set firmly on Asia, with the VC …

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Internationally-oriented hardware startup accelerator launched in Nizhny Novgorod

Nizhny Novgorod-based investment company Open Innovations, the RVC Seed Fund and DI Group, a Tomsk-based high tech group, have set up a new “fund-accelerator” for hardware startups in Nizhny Novgorod – following a similar initiative earlier this year in Tomsk, Siberia. The fund is starting with 33.4 million rubles (approximately $585,000 at the current exchange rate) under management. The …

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GVA LaunchGurus aims to introduce Silicon Valley practices to Russian startup ecosystem

Earlier this month GVA LaunchGurus launched the eighth edition of its accelerator program, the “GVA Accelerator – Startup Academy,” with the participation of 26 high-tech professionals and entrepreneurs. The 10-week program aims to strengthen their projects by providing new skills, business connections and fund-raising opportunities. Among the teachers and business coaches involved in the program …

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India and Russia agree to finance joint innovation projects

Investors are ready to plow up to $20 million into joint startup projects between India and Russia, the Skolkovo Foundation reported last month. “At Skolkovo alone we have 70 registered venture funds that want to invest in [Russian-Indian] innovation projects,” Skolkovo Vice-President Igor Bogachev was quoted as saying. “We could be talking about investment from $10 million …

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Innovating on the Pacific: Skolkovo branch planned for Vladivostok

The Skolkovo Foundation may open a representative office in the Pacific port city of Vladivostok, the head of its space cluster, Sergei Zhukov, was quoted as saying on Wednesday. Asked about the innovation environment in the Far Eastern city of Komsomolsk-on-Amur, where projects from surrounding regions were presented to a Skolkovo expert panel, Zhukov answered: …

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QIWI launches new accelerator Universe 2.0

QIWI Venture, the investment arm of Russian electronic payment giant QIWI Group, has launched a new acceleration program, Universe 2.0. Like its predecessor, the program is intended to facilitate the quick launch of pilot projects which are looking to work in partnership with the company. QIWI hopes the accelerator will attract both major, established companies and …

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Google’s Startup Launch Program extended to Russia

Google plans to launch its Google Startup Launch program in Russia, reported Russian tech blog Firrma.ru. This international program is not time-limited and is focused on startups in the early stages of development. Startups that end up in Google Startup Launch will participate in technological, product and marketing training seminars. In addition, they will receive support from specially selected …

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Graphics and gamification enter Skolkovo IT cluster crosshairs for 2015

Startups dealing with computer graphics and so-called gamification will now be able to apply for Skolkovo grants and residency under new plans for 2015 published by the IT cluster. Graphics and gamification form one of three new technology foresights added to the cluster’s strategic development vision this year. The other two, robotics and mobile technology, …

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Next-gen data management system to emerge in Russia

SDI Research, a Moscow-based “semantic data integrator,” will receive a $335,000 grant from Skolkovo for the development of a next-gen semantic master data management (MDM) system to store and sync data. A reported by the Skolkovo Foundation, the effort will require an estimated $670,000 overall. The developer is expected to raise the remaining 50% from other …

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Russia should restructure economy through innovations and cannot isolate itself, say officials at Skolkovo meeting

The Russia’s government has signed an anti-crisis plan to restructure the economy in part through innovations, Deputy Prime Minister Arkady Dvorkovich told a meeting of regional officials on Wednesday. Russian news agency TASS reported that plan will require 1.375 trillion rubles (approximately $20 billion at the current exchange rate), including budget expenditures, state guarantees and …

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Siberian high tech company teams up with Singapore’s HaxAsia to launch local “fund-accelerator”

Just one year after Russia saw the launch of its first hardware-oriented accelerator, DI Group, a Tomsk, Siberia-based high tech group, has launched a “venture fund-accelerator” targeting startups in the fields of smartphones, electronics, gadgets and Internet projects. The acceleration program of up to six months encompasses the industrial design and the marketing aspects of each …

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