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RVC and the Government of the Republic of Tatarstan became partners in the field of innovative development of the region

09.12.2014

RVC and the Government of the Republic of Tatarstan became partners in the field of innovative development of the region

RVC and the Government of the Republic of Tatarstan signed an agreement on cooperation in the field of innovation activity and a roadmap for cooperation in the field of development of venture capital infrastructure of the region in the 2015-2019. The documents were signed by Igor Agamirzyan, CEO, Chairman of the Management Board of RVC and Ildar Khalikov, Prime Minister of the Republic of Tatarstan.

The purpose of the agreement is to enhance partnership aimed to support regional innovation ecosystem. The implementation of the road map will provide qualitative growth of the innovative enterprises in the region, improvement of the efficiency of their operation, as well as accelerated development of regional infrastructure.

"RVC has been working with Tatarstan for a long time, it is one of our main regional partners in development of venture capital market. The fact that in Tatarstan powerful industrial base is combined with the educational potential and the attention of the national Government to the development of innovation becomes fundamentally important for us, – said Igor Agamirzyan, CEO of RVC. – The agreement between the Republic and RVC is intended to strengthen the existing fruitful partnership and to structure collaboration on the further development of innovation ecosystem in the region."

For the purposes of development of regional infrastructure (clusters, engineering companies), a road map provides for educational events for university representatives. Managers of universities will acquire knowledge in the field of strategic planning, building of technology transfer processes and systems of international cooperation. For the development of start-ups there is provided an acceleration program, as well as regional sessions of practical consulting. Information support of the management team of innovative territorial cluster of the Republic suggests conducting of educational activities in two areas: Institutional development of the cluster and development of mechanisms to support projects aimed at improving the competitiveness of enterprises.

On the territory of the Republic, there will be created financial instruments for correction of early stage venture capital market. Through the partnership it is planned to improve the activity of the investment fund on the basis of a non-profit organization "Fund for Assistance in Venture Investment Development into Small Enterprises in Scientific-and-Technological Field of the Republic of Tatarstan" and to attract additional investments in territory of the Republic.

The roadmap provides for conduction of a series of special events aimed at the development of venture investors and business angels, as well as corporate venture funds. Thus, it is planned to create and support a platform for communication between venture capital investors and entrepreneurs. In order to encourage the development of business angels community there will be held a series of educational projects.

Special attention will be paid to support of innovative companies of Republic of Tatarstan at their exit on international markets and to contribute in expansion of exports of high-tech products.

Another direction of collaboration of partners is promotion of innovation activities. Its implementation assumes carrying out Kazan Venture Fair, the annual contest "Fifty best innovative ideas for the Republic of Tatarstan" – program of innovative projects "Idea 1000". Special attention will also be paid to the development of innovation journalism. It is also planned to organize in the Republic an information campaign aimed at developing of positive perception of careers in science and technology activities and technological entrepreneurship among young people.



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