Press about RVC

RVC's head expects Russian venture capital market to grow in 2018

19.01.2018
Source: TASS

MOSCOW, January 19 /TASS/. The CEO of the Russian Venture Company (RVC) Alexander Povalko is expecting Russian venture capital market to show a positive trend in 2018. He said so in an interview with Tass. Furthermore, he believes that 2017 also showed a positive trend, despite any formal indicators.

According to Povalko, several factors can influence the venture market.

"Additional resources will emerge on the market. We will give some money, several corporations should uphold their decisions on allocating resources for new corporate funds”, he said.

Another factor that he names is the dependence of venture investments on foreign markets.

Furthermore, the CEO of the RVC believes that 2017 also showed a positive trend, despite any formal indicators.

"If we exclude factors associated with major transactions, we have a more positive market dynamics. New fund are in demand now," Povalko stressed.



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