Incubators, Accelerators, Technoparks

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

May 16, 2013

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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$100 million technopark mapped out in Krasnoyarsk, Siberia

May 15, 2013

Authorities in the Krasnoyarsk region in Siberia have unveiled plans to build a 3 billion ruble (approximately $100 million) hi-tech industrial park in the region, the Russian news agency ITAR-TASS reported, citing a source in the regional Ministry of Investment and Innovation. According to the source, more than two thirds of the total amount is …

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Report: DST invested $315 million in German startup incubator Rocket Internet

May 8, 2013

Digital Sky Technologies (DST Global), the global investment fund led by Yuri Milner, appears to be a major investor in German startup incubator Rocket Internet. According to the incubator’s slide deck, found by The Manager magazine, DST has already pumped $315 million into the project. This makes DST the second biggest investor in the incubator …

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Cisco and Skolkovo team up for research and education

May 3, 2013

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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Almaz, Runa and TA Venture team up to establish Ukraine’s first IT-focused grant fund

April 17, 2013

Three major venture capital funds, Moscow-based Runa Capital and Almaz Capital as well as Kiev-based TA Venture, in conjunction with BIONIC Hill innovation park, Ukraine’s first innovation park, are joining forces to establish the Global Technology Foundation (GTF). Ukraine’s first grant fund specifically devoted to IT, the foundation will provide pre-seed stage grants and support for promising …

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In Russia’s Far East, Yakutia announces its own hi-tech park

April 11, 2013

Russia’s Far Eastern region of Yakutia (Sakha) is planning to open its own hi-tech park by 2015, the Russian news agency Interfax reported earlier this week, citing a statement by Anatoly Semenov, the CEO of Yakutia, a techno-park already in operation in the area. According to Semenov, the future park will accommodate innovation companies working …

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New Russian high tech fund to invest up to $20 million in startups across the globe

March 18, 2013

In a new illustration of the vibrant activity of the Moscow venture scene, Maxim Shekhovtsov and Alexander Zhurba – founders of TexDrive, one of the city’s largest startup accelerators – announced last week the creation of a fund dedicated primarily to IT projects in Russia and around the world. Christened Genezis Capital, the fund actually …

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Top Skolkovo executives threatened by criminal investigation

March 4, 2013

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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Penza’s new technopark to embrace IT and medical hi-tech

February 26, 2013

The first stage of the new High Technology Technopark is slated for completion in the second quarter of 2013 in Penza, in Russia’s Volga area, a spokesperson for the Penza regional administration told Marchmont News last week. The technopark will reportedly cover an area of 46,000 square meters. Its resident companies will focus on information …

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Skolkovo to scrutinize its resident companies and remove tricksters

November 19, 2014

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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