Venture capital in Russia
Venture capital in Russia with focus on Innovation
A development institute and government fund of the Russian federation named as Russian venture fund. The fund that has established for Russian venture fund in 2010 to 2012 is now at the first stage of completion of the initial cycle. The funds are expected to be raised in 2014 to 2015 and also more has expected to exits. There are several companies that had established in 2006 to 2009 have been closed now due to foundation that take seven years period to startup with a sale procedure.
In the e-commerce segment, those who are interested will get an update in EWDN research study of those who have started their business venture in 2010. The major investment volume exist has estimated up to $362 million in 2012, but not exceeded from $235 million in 2013. Also, the facts have been recorded by PwC that has showed this business venture has not exceeded from $173 million in the year 2013.
When it comes to innovation, it is very important for Russian innovation development to move on with international cooperation. As, the Victor Vekselberg the president of Skolkovo foundation has finished off his speech by saying that collaboration with the top most American corporations i.e. Cisco and Intel has helped in building the Innovation Centre in Skolkovo.
The participation in the RIW conference is a forwarding step towards opportunities for Skolkovo in terms of Silicon Valley Companies. Also, it will bring benefits for 300 attendees that include greater number of opportunities related to networking. It will be featuring new gadgets that are presented by Russia. The partnership of American companies with Russian companies will help in sharing their experience of their best investment practices and success stories through tapping a new market in Russia with the opening of R&D centers and manufacturing facilities.
A profitable shape is building up in the Russian market and leading towards growth i.e. the support of fresh investors and players that are taking interest in this market. The Russian market has created an awareness that it is safe to do business in Russia. As, it will bring benefits for their investments.
The high tech sector has been provided with government funds and incentives to fulfill their requirements by offering financial support that is given by Russian Venture fund. The success for the global business opportunity exists between Russia and America partnership deal. The major goal of Russian venture fund is towards innovation i.e. to start accelerating by transforming the business market of Russia into an innovation-powered economy. That can take place only through strategic partnerships to make a strong bonding between Russia with international science, education, entrepreneurial, technology and investment.
- What are the effects of innovation on the Russian business market in terms of target achievement?
- It has positive effect on the Russian market
- It has negative effect on the Russian market
- How important is the dependence of innovation on the future business of Russian market?
- Very Important
- Less Important
- Somewhat Important
- What is the role of Russian market in relationship between the international market and its goal?
- Very Effective
- Not Very Effective
- Somewhat Effective
- Is it beneficial for the Russian citizens in a context to education, technology, investment and international science?
- Yes! It is
- No! It is not