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RVC believes that Moscow’s innovation cluster can attract start-ups from around world

Source: TASS

Alexey Gusev, Director for the company’s Innovation Ecosystem Development, also mentioned the presence of the cluster’s educational functionality

Moscow’s innovation cluster can become a center of attraction for startups from around the world. This opinion was expressed by Alexey Gusev, Director for RVC’s Innovation Ecosystem Development, on Monday, during a round table in the Moscow City Duma on the creation of the cluster.

The Law on the Innovation Cluster was previously introduced to the Moscow City Duma.

“Creating an innovation cluster in Moscow is a logical continuation of the already existing measures to support the high-tech sector operating in the capital. In addition, the Moscow cluster will help attract young entrepreneurs to the city’s economy, and become a magnet for start-ups from around the world,” he said.

He also believes that the presence of the educational functionality of the cluster allows including a course on technology entrepreneurship for technical universities.

Earlier, Alexei Fursin, Head of the Moscow Department of Entrepreneurship and Innovation Development, noted that the Moscow authorities would make it as easy as possible to enter the innovation cluster of the capital, which is currently being created.

About the cluster

In April 2018, Moscow Mayor Sergei Sobyanin addressed Russian President Vladimir Putin with a proposal to create an innovation cluster. The head of state signed a corresponding decree on November 26, 2018, he also instructed to establish a fund to ensure the cluster work. Funds for the operation of the fund will be allocated from the budget of Moscow.

The cluster will include more than a thousand of the capital’s innovation infrastructure facilities. The potential participants include 173 educational and 719 scientific organizations, 7,240 industrial facilities. The cluster members can become companies interested in creating new products and services, including high-tech enterprises, universities, technology parks, research institutes and other objects of innovation infrastructure.

According to experts, it is assumed that, over time, cluster activities will go beyond the boundaries of the capital, and then Russia. The cluster will use a broad infrastructure to support innovation in the form of technology parks, business incubators and financial support tools such as loans, tax breaks, venture capital investments. The Moscow Government will ensure the creation of an IT platform, where all participants will be able to register, and then find potential partners, learn about their products, equipment, and receive financial support.

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