Skolkovo Category: Skolkovo

Skolkovo

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 at the forum, including top managers of Lenovo and ZTE, two companies actively developing activities in Russia.

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US VCs go East

Skolkovo seeks more ties with US innovation

On the last week of March, a team from the Skolkovo Foundation came to Silicon Valley for the 8th annual Global Technology Symposium. The symposium has always had a bit of a Russia focus, and this year was no different, featuring a half-day of sessions exclusively on Russia.

Another highlight of this year’s event was the inaugural meeting of the U.S.-Russia Bilateral Presidential Commission Innovation Working Group. The group was established at last year’s G8 summit by Russian President Dmitry Medvedev and U.S. President Barack Obama and is headed by Medevedev’s economic aide Arkady Dvorkovich and Robert Hormats, U.S. Undersecretary of State for Economic, Energy and Agricultural Affairs.

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Skolkovo

Skolkovo: Global majors hired to shape ‘smart city’

The Skolkovo Foundation, which has been instrumental in pumping R&D funds into the Skolkovo innovation hub just outside Moscow since 2010, has contracted with an international consortium to create a comprehensive ‘smart city’ concept.

Under the terms of the 89.7 million ruble ($3 million) deal, the Russian software developer Cognitive Technologies, Britain’s Ernst&Young, the U.S.’ Cisco and Japan’s Panasonic, all companies chosen in February on a tender basis, are expected to sketch out a city management system by July.

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Vist Group

Mine fleet management solution provider Vist Group eyes IPO

Vist Group, a major, twenty-year-old Russian developer of turn-key IT solutions for mine fleet and railroad management systems, is considering seeking capital market opportunities, according to Reuters. A resident of Skolkovo, the government-sponsored technology hub outside Moscow, Vist could thus become the first Skolkovo resident to orchestrate an IPO.

Vist has declined to make any public comments, but observers presume the company could be eyeing the Innovation and Investment Market, a special trading platform within Russia’s MICEX stock exchange that is focused on high tech companies. The timeframe for the possible IPO is subject to speculation.

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Skolkovo

Made-in-Skolkovo products get first international clients

The potential of Skolkovo, the state-sponsored innovation hub nearing completion outside of Moscow, as a research and development base for marketable high tech products has been illustrated, for one of the first times, by the first international sales of a cloud computing solution developed with the support of Skolkovo’s IT cluster.

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Skolkovo

Skolkovo comes to the UK

Skolkovo, the state-supported innovation hub under completion near Moscow, comes to the UK on Feb. 14 and 15. Organized by UK Trade & Investment and the UK Science and Innovation Network, the roadshow will provide “100 UK companies and organisations with an opportunity to discuss Russia’s ambitious future plans and funding opportunities for joint projects with Skolkovo, its senior executives and its highly influential President, Viktor Vekselberg,” the British embassy in Moscow announced.

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Skolkovo

Skolkovo seeks cooperation with 50 venture funds

Skolkovo, the innovation hub under construction near Moscow, has set a goal of partnering with 50 additional Russia and foreign venture funds this year, said Skolkovo Investment Director Alexander Lupachev in an exchange last Friday with news agency RIA Novosti.

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Skolkovo

Skolkovo to hold roadshow in France

The IT cluster of Skolkovo, the state-supported innovation hub under completion near Moscow, is preparing a roadshow to France in June or July, involving a dozen of its resident companies.

The series of Skolkovo roadshows in Western countries started in the fall of last year with visits to Vienna, Munich and the Silicon Valley.

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Do-Ra

Smartphone-compatible dosimeter-radiometer startup receives support from Skolkovo, claims value of $100 million

Skolkovo, the state-supported innovation hub under completion near Moscow, announced yesterday it has offered a grant of 1.35 million rubles, approximately $45,000, to its resident Intersoft Eurasia, a startup developing a dosimeter-radiometer that can be built into a smartphone or used as a separate, detachable unit (see video).

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Skolkovo

Skolkovo resident status offered to 310 companies in 2011 with grants totaling 5 billion rubles

Skolkovo granted resident status to 29 companies last week, bringing the total number of residents to 310. The state sponsored innovation hub under completion near Moscow received a total of 1,500 applications this year, including one third from companies with foreign capital.

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