The Skolkovo Foundation will set up three venture capital funds to provide additional sources of funding for startups, said its president Victor Vekselberg in late October at the Open Innovations forum. Funded by the Russian government, the Skolkovo Foundation manages the completion of an international tech hub on the outskirts of Moscow. “Now we’re creating a daughter …
Earlier this month, illustrating the emergence of a whole new tech industry in the country, the Russian central bank rewarded some of the most remarkable fintech startups. The contest took place in the framework of Finopolis 2016, a forum on innovative financial technologies. Held on October 13-14 in Kazan, the capital of the innovation-friendly republic of Tatarstan, …
Central bank contest highlights Russia’s best fintech startups Read More
Denis Shelestov, a 17-year-old schoolboy from the small town of Elabuga in Tatarstan, already has several successful startups under his belt. Now he has launched the investment company Shelest Ventures with Kazan business angel Ramilem Ibragimov. All of the company’s $15,000 are partners’ personal money, and Denis plans to invest it in startups created by other children. Shelestov believes children can create …
Russian teenager’s venture fund gives hope to child entrepreneurs Read More
The Russian Regional Innovative Development Ranking is compiled by the Higher School of Economics – based on social and economic conditions for innovative activity, science and tech potential, innovation activity and innovations policy in the regions. Tatarstan knocked Moscow off the top spot in the rating for the first time since 2008. The Russian capital …
Tatarstan tops ranking of innovation-friendly Russian regions Read More
From May 15 to 21 Kazan, the capital of the Republic of Tatarstan, approximately 800 km east of Moscow, will host its second ‘OIC Youth Entrepreneurship Forum.’ The event will attract young entrepreneurs from member states of the Organisation of Islamic Cooperation — of which Russia is an Observer state. The organizers aim to “identify and …
Meet Innovation Russia (MIR), a tech tour intended for French companies to connect with the Russian innovation ecosystem, is announcing its third edition from June 1 to 3, 2016. The tour will lead 20 French business executives to Moscow and to Kazan, the innovation-friendly capital of Tatarstan 800km east from Moscow. MIR aims to offer “an …
New tech tour to lead French companies to Moscow, Kazan in June Read More
Earlier this month Pulsar Venture Capital, an early-stage investment fund from Tatarstan, an entity of the Russian Federation, announced the launch of a startup accelerator in partnership with government agency Enterprise Ireland and Dublin-based early stage investor NDRC. The accelerator promises to help startups “enter the global market and find an investor or strategic partner in 100 days.” Three locations are involved: Kazan (the capital of Tatarstan), Dublin and …
Tatarstan teams up with Enterprise Ireland to launch Russian startups globally Read More
Appnow, a Russian startup based in Tatarstan, has raised $2 million from Dutch investment company Maxforсing ВV, as reported by Rusbase.com. The terms of the deal were not disclosed. Appnow enables restaurants, cafes and beauty salons to create their own mobile apps. An application for iOS, Windows Phone or Android may be created and automatically authorized by …
Dutch investors put $2 million in Russian mobile solution provider Appnow Read More
Transnovatsia, a Russian IT developer based in Kazan, the innovation-friendly capital of Tatarstan, some 800 km east of Moscow, has begun its Latin American expansion. The start-up has received a $40,000 grant from Startup Chile’s accelerator program and is putting together a pilot project in Santiago, reported the Skolkovo Foundation and Russian tech blog Firrma. “The Latin American market appears very interesting to …
Startup Chile woos Russian startups for development across Latin America Read More
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 …
Internationally-oriented hardware startup accelerator launched in Nizhny Novgorod Read More
Russian wedding startup Wedvice, a resident at the business incubator of the Naberezhnye Chelny IT park, in Tartarstan, has received 25 million rubles (a little more than $400,000 at the current exchange rate) in investment. The investment came from Moscow businessman Alexander Borobyov, CSKA Basketballer Vitaly Fridzon and fellow IT park resident DoctorNet.pro. Among the service’s …
Wedding startup from Tatarstan secures $400,000 from business angels Read More
This month saw the hosting of the Kazan Startup Week, a nine-day event dedicated to the five-year anniversary of the Kazan IT-Park, a business incubator for IT firms located in the innovation-friendly Republic of Tatarstan, around 800 km east of Moscow. The highlight of the event was the DemoDay, which offered participating startups the chance …
