Incubators, Accelerators, Technoparks

Schneider Electric to open R&D center in Skolkovo

Earlier this week, the Skolkovo Foundation and the French global energy engineering company Schneider Electric inked an agreement that gives Schneider Electric residency status in Skolkovo, the state-sponsored innovation hub under construction outside Moscow, and paves the way for opening its own R&D center there, Schneider Electric reports. The innovation center, which is expected to …

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Kirov city eyes IT technopark

Kirov city authorities intend to build a technopark specializing in information technologies. According to its plans, the Kirov technopark will be similar to Kazan’s IT Park, which is located in the Republic of Tatarstan. The regional authorities are carrying out a number of projects to develop IT technologies and promote the digital economy in the region. …

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IBM collaborates with Russian innovation giants to boost microelectronics industry

Saint Petersburg – IBM (NYSE: IBM) and five leading Russian innovation companies: the Skolkovo Foundation, Rusnano, Rostelecom, RVC and ITFY, have signed a collaboration agreement to help spur a new wave of innovation in Russian technology. The five Russian companies have joined forces to foster a culture of applied research and commercialization and attract key …

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Three new incubators to open in Akademgorodok

The technopark of Akademgorodok will host three new incubators by the end of the year, dedicated to information technologies, biotechnologies and scientific instruments, respectively. The regional authorities also announced recently their intention to create a world-class innovation center in Akademgorodok with 16 R&D centers, in addition to the four centers already present.

Russian government to support 13 innovation clusters with $775 million

Last month, Venture Business News reported that the Russian Ministry of Economic Development has approved a list of pilot programs for the development of innovation clusters that will receive financial support from the federal budget. Out of 94 applications, an expert group within the ministry has selected 25 projects that fell into two groups. The …

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New startup accelerator GTI Labs launched in Moscow

Moscow-based investment consulting company Global TechInnovations and investment fund Prostor Capital have announced the launch of GTI Labs, a new acceleration program for IT start-ups. GTI Labs describes itself as a sort of “investment lift” in which representatives of venture funds are part of the project selection process. The fund will assess KPIs of selected …

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Skolkovo cements ties with China on Putin’s fast track

Skolkovo, the state-sponsored innovation hub now nearing completion near Moscow, is considering opening a rep office in China, reports Seda Pumpyanskaya, Skolkovo’s Vice-president for International Relations and Communications and a participant in the most recent round of talks between the parties. According to the Skolkovo envoy, the potential partners have made “substantial headway in charting …

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IT technopark opens in Chelyabinsk

In a bid to participate in the development of a modern innovation infrastructure across the country, the authorities in Russia’s Chelyabinsk region have just announced the opening of a technopark dedicated to information technologies. The technopark, named Novator, is located in Chelyabinsk, a city of 1.1 million inhabitants just to the east of the Ural …

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Rocket Internet receives $200 million from Russian-American billionaire Len Blavatnik

Rocket Internet, the Samwer brothers’ famous Berlin incubator, has received a $200 million investment from Access Industries, a US based industrial holding owned by Russian-American billionaire Leonard Blavatnik. The news was reported earlier this week by Berlin-based tech blog VentureVillage.com, which cited unnamed industry sources. The amount has placed Access Industries second behind Swedish investment …

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Skolkovo to develop cooperation with China and Japan

Skolkovo, the state-sponsored innovation hub nearing completion outside of Moscow, is seeking to extend its cooperation with China. Opportunities for cooperation were discussed last week at the Sino-Russian Trade and Investment Forum by China’s Vice-Premier Li Keqiang and Viktor Vekselberg, President of the Skolkovo Foundation. Various leading Russian and Chinese businessmen were also in attendence …

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Report: “Google, the US Yandex”

In association with East-West Digital News, faberNovel, a French innovation consulting firm with offices in Paris, San Francisco and Moscow, has just released an eye-opening presentation on the Russian Internet and innovation system. The report features the latest data on the Russian market and its key players, of course, but then goes further, providing useful …

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