On October 17, within the framework of the International Forum “Open Innovations”, RVC and the Foundation for Support of Social Projects (FPSP) entered into an agreement aimed at developing a long-term partnership in the field of social entrepreneurship. Alexander Povalko — the Director General of RVC and Evgeny Shokhin — the FPSP Director, signed the agreement.
The joint activities of RVC and FSPP will be aimed at increasing the availability of financing for the implementation of social projects, improving their number and effectiveness, promoting the culture of social entrepreneurship, the infrastructure environment, and scaling best practices.
While developing cooperation under the agreement, RVC will provide the FSPP with information on social projects invested by funds with the participation of RVC capital for potential interaction with the FSPP. In turn, FSPP will invite management companies of RVC funds to present projects within its accelerator, as well as consider investment opportunities in specialized portfolio companies of RVC funds.