Education & HR

U.S.-Russia Innovation Corridor hosts biotech & IT startups

Washington, D.C., October 28, 2013 — Furthering a commitment to bilateral innovation, a delegation of five biomedical and information technology companies from the University of Nizhny Novgorod visited the University of Maryland on October 16-25 under the auspices of the U.S.-Russia Innovation Corridor. The companies participated in the first region-to-region visit of Russian startups under …

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US entrepreneur takes charge of innovation policy at Lobachevsky University, shows Nizhny Novgorod’s global ambitions

Kendrick D. White, an American entrepreneur and the founder of Nizhny Novgorod-based Marchmont Capital Partners, has been recently appointed vice rector for innovation policy at the Lobachevsky State University of Nizhny Novgorod (UNN). While many foreigners are advisors to Russian academic administrations or join project teams in Russian universities, Kendrick appears to be one of …

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Geolocated job search app launches in Moscow with $300,000 angel support

Qwenty, a Moscow based startup developing a mobile app for geolocated job searches, has raised $300,000 from serial startup investor Igor Ryabenkiy via his fund Altair. The fund now holds a 35% stake in the startup, the news agency RIA Novosti reported. The iOS and Android app, which is scheduled for launch in Moscow later …

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Wages in the IT field grow faster than expected, and a flexible schedule and benefits package attract IT specialists

From January to August 2013, salaries in the IT segment grew by 15 % in Russia, according to a report by employment agency Unity cited by news agency RIA Novosti. This growth is 5% higher than predicted for the field in 2013 and almost twice as fast as the growth in the human resources market …

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Russia’s first social network VKontakte seeks to hire Snowden

VKontakte.ru (VK.com), Russia’s number one social network, has officially offered employment to Edward Snowden, the fugitive American government contractor wanted by the United States for leaking details of the National Security Agency’s surveillance programs. Just hours after Russia granted Snowden one-year asylum last Thursday and let him leave the transit zone of Moscow’s Sheremetyevo airport, …

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Californian startup raises $700,000 to put an end to “résumé spam”

Investing in US startups has become a habit for certain Russian venture funds, as shown by a recent $700,000 capital injection into California-based Venturocket.com, an innovative online “talent discovery platform.” The round was led by Runa Capital, a venture fund with offices in Moscow and California, with the participation of Talent Equity Ventures, the venture arm of a Russian …

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Russian startup received $300,000 in funding to help students apply to foreign universities

Last week the startup Westudy.in, intended for Russian high schoolers who wish to study abroad, announced its official launch. Recently the project received $300,000 in seed funding from Mikhail Frolkin, the managing partner of HeadHunter, a leading online resource for Russian job seekers. Westudy.in presents itself as a one-stop shop for people looking for information …

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Russian army starts a ‘big hunt’ for computer programmers

“We are starting a ‘big hunt’ for computer programmers,” the Russian Minister of Defense Sergei Shoigu said in a sensational remark at a recent meeting with the rectors of Russia’s leading universities. The rectors felt relief though, as Shoigu explained that the term ‘hunt’ was meant in a good way.

Ostrovok.ru cuts a third of its staff “to make the company profitable and attract more investments”

Russian hotel booking service Ostrovok.ru, which has been generously funded by Western and Russian investors since its launch in 2010, has laid off about a third of its staff in order to optimize operations and secure more investments. The company’s co-founder Serge Faguet made the move public in a corporate blog post published yesterday in …

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Russia moves to foster closer ties between IT business and academia

Two Russian ministries are expected to jointly create and help fund a network of IT-focused scientific and research centers at Russia’s leading universities, industry portal ComNews.ru reported last week. The Ministry of Education and Science will lead the effort, while the Ministry of Telecom and Mass Communications will back the move by liaising with the …

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

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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Yandex announces its summer school for startups – Tolstoy Summer Camp

Yandex’s new startup accelerator, Tolstoy Summer Camp, opens for young entrepreneurs and internet specialists who would like to learn how to start their own startup. The program will bring together young web developers, UI designers and project managers with an idea, but without resources to implement it and present it to investors. We also welcome …

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