Government fund of funds
Development institute of the Russian Federation

RVC — Development of an Innovation Ecosystem

Investment in venture capital markets in public-private partnerships is a necessary, but not sufficient, condition for the sustainable functioning of an innovation ecosystem. With regards to the aims and objectives of the strategy for innovation development of the Russian Federation for the period until 2020, RVC is also forming non-financial instruments.

The network of venture capital investors, the expert community, scientific research institutions, universities, accelerators, and other infrastructure organizations, are the foundation on which RVC’s program activity is built. Guiding principles within this activity are: the growth of competencies and the increased efficiency of cooperation with participants of the venture capital market, the popularization of technological enterprise, support for regional infrastructure, and also assisting the globalization of the Russian innovation industry.

Ten years of experience in the development of Russia’s venture industry and supporting technological enterprise has strengthened RVC’s role as a center of expertise. This facilitates the formation of effective cooperation between the individual elements of the innovation ecosystem, by promoting best industry practices, optimizing, integrating and scaling-up mechanisms accessible on the market, and also by supporting the emergence of new support instruments for high-tech business.

The foundation of the company’s unique position as a center of expertise is the development and market launch of integrated products for federal executive bodies, subjects of the Russian Federation, higher educational establishments and science centers, and corporations and enterprises. This enables the formation of effective innovative ecosystems in the interests of key stakeholders.

In the implementation of the NTI, there is a special significance for the development of an innovation infrastructure. With this aim in mind, RVC organizes and supports projects and events aimed at improving the mechanisms for the security and protection of intellectual property, and supports the creation of systems for industry standards, legislation for new markets, scientific infrastructure and the development of competencies.

  • 4,237
    applications from technological entrepreneurs from 30 countries and 250 cities received by GenerationS-2016
    370
    representatives of venture capital market participated in the "Innovation Ecosystem" 2016 Forum
  • 222.3
    RUB billion — the total revenue of companies of the "TechUp"
    1.13
    RUB billion of investments have been attracted by the startups of GenerationS on the monitoring results
  • 13.5
    thousand people from 99 countries took part in the "Open Innovation" Forum in 2016
    300
    private investors were attracted by the Business Angels "Volga Angels"
  • 200
    representatives of the investment community attended the first Russian-Chinese Forum "Investing in Innovation"
    3,000+
    entrepreneurs received counseling from experts of venture capital market within RSPC in 2016
  • 5,000
    entrepreneurs took part in educational programs and activities for startups, organized and supported by RVC
    740
    participants attracted industry meetings Tech Days to build relationships between corporations and technological entrepreneurs
  • 50,000
    people attended technical creativity festivals, organized in the framework of development of technology enthusiasts' communities
    60
    representatives of corporations participated in the program "Open innovations and corporate venture capital instruments"


Venture market infrastructure development program

Program objective is to form and develop objects included in the Russian venture market infrastructure. Within the program framework, RVC carries out activities related to educational, communication, information and analytical support to investment community participants and regional infrastructure objects providing a high quality flow of teams and projects of technology entrepreneurship.

Program initiatives:

Investor developmentGenerationS industry acceleratorsDevelopment of the regional infrastructure for technology entrepreneurshipArchive of Projects

Strategic development of the national innovation system

One of the key results of RVC activities within this direction should be development of strategic agenda and specific proposals for various aspects of innovation, scientific and technological policy as well as public support of the corresponding initiatives.

Program initiatives:

Development of the strategic agenda and methodological basics for development of the national innovation systemDevelopment of strategic partners in setting up of the national innovation systemDevelopment of competence of the innovation system participants and promotion of the RVC's strategic agendaArchive of Projects

International Activity

RVC international activities are aimed at studying of relevant information about the most promising international innovation markets, development of partnerships with their key players, and integration of products and services of Russian technology companies into global added value chains.


GenerationS — Federal Accelerator for Technology Start-ups

Federal accelerator for technology start-ups, in which the best projects are selected, by the results of a multi-stage examination, to receive intensive development and opportunities for investment.

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TechUp — Russia’s fast-growing high-tech companies National Rating

An efficient tool for the search, monitoring and promotion of promising fast-growing, domestic non-resource companies with high potential for leadership, both in domestic and global markets.

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Open Innovation — Forum and Technology Show

A global discussion platform where entrepreneurs, representatives of the research community, and innovators share their experiences, present achievements, and predict trends in the development of the new technology market and discuss prospects of international cooperation in the field of innovation.

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National Report on Innovation

One of the main tasks was to form a set of indicators for effectiveness that characterize, among other things, the dynamic of innovation development, and also the level of advancement or lag in comparison with foreign colleagues.

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Smart Systems

RVC performs diversified organizational and expert activities as part of the execution of the order of the President of the Russian Federation, dated November 3, 2011, on the implementation of the Smart House pilot project. In particular, in Moscow, a specialized Smart House exhibition was created, which presents integrated solutions of Russian innovative companies. Special attention is paid to the expansion of cooperation with leading institutions and centers of international standardization in the field of intelligent systems (ISO, IEC, etc.).

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