Government fund of funds
Development institute of the Russian Federation

RVC — is the Russian government’s fund of funds and the development institute of the Russian Federation, one of country’s key tools to create and expand the national innovation system. The company has a wide range of programs to develop Russia’s venture investment market establish educational and organizational services for market players, as well as increase the ability of Russian technology companies to compete in the global marketplace.

RVC’s main objectives are to promote Russia’s venture investment industry, and to take on the role as the project office for the National Technology Initiative (NTI).

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  • 26
    RVC-backed funds operating as of 2018
    35,7
    billion rubles is the total value of RVC-backed funds
  • 22.7
    billion rubles total scope of capital commitments of RVC on establishment of funds
    3.2
    billion rubles amount of approved investments in portfolio companies in 2016
  • 223
    projects approved for investment by RVC-backed funds
    34
    design companies investments approved by funds with the RVC capital in 2016
  • 18.2
    billion rubles total volume of approved investments in innovation companies during the period of operation
    38
    exits from portfolio companies of RVC-backed funds by the end of 2016
  • 285
    billion rubles total revenue of Russian high-tech fast-developing companies following the results of TechUp-2017 rating
    250+
    experts and investors formed their vision of the venture market strategy at the forum "Ecosystem of Innovations-2017"
  • 3 470
    start-ups applied for GenerationS-2017
    2
    NTI technology contests were launched by RVC, the Skolkovo Foundation and the Agency for Strategic Initiatives in 2017
  • 20,000+
    school children applied for the All-Russian Engineering Olympiad organized as part of NTI
    6,6
    billion rubles the planned amount of three joint venture funds between RVC and the Skolkovo Foundation
  • 50+
    deals were made between GenerationS-2016 start-ups and corporations and investors
    400+
    participants came together at VI RVC Investment Forum

  • On February 14, RVC held a business breakfast with the participation of partners and investors from leading Russian venture funds. The experts discussed possible advantages and risks of working with the state capital, and also learned detailed parameters of the open tender for the search of the NTI venture fund’s managing partner.
  • 2017 became a landmark for RVC: RVC approved a development strategy for 2017-2030 which defines the mission, strategic goal and tools that ensure the work of company’s key areas: development and implementation of financial and non-financial instruments for the development of the venture investment and technological entrepreneurship market, stimulation of the creation of an own venture investment industry in Russia and execution of the functions of the Project Office of the National Technological Initiative (NTI).
  • “Expert” is told by the Chairman of the Board of Russian Venture Company Alexander Povalko on the problems of venture financing and the difficulties faced by the implementation of the National Technological Initiative.
  • RVC, Russia’s state-owned fund of funds for innovation, supports a variety of initiatives and programs aimed at developing the country’s innovation ecosystem. Among its major initiatives over the past few years has been GenerationS, a giant acceleration program aimed at matching innovation ideas and startups with corporate needs. In this interview Mikhail Antonov, RVC’s Deputy CEO and Innovation Infrastructure Development Director, provides details about this program and its achievements to date.
  • Representatives of development institutions, corporations and businesses discussed the necessary steps to effectively transform the interaction between universities and businesses during the panel discussion "Leading Companies and Universities: Tasks and Ideas for Technological Breakthrough", which took place on January 16 as part of Gaidar Forum 2018.

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