Government fund of funds
Development institute of the Russian Federation

News

RVC published the Annual Report

22.09.2014
РВК

RVC published the Annual Report

In order to ensure transparency and openness of its activities, RVC presents a public annual report for 2013. The document reviews the results of the year and provides a qualitative and quantitative understanding of RVC performance for the year.

The report's key topic is the completion of a three year cycle of venture capital industry creation and the beginning of a new stage of market development with the participation of RVC financial and non-financial instruments.

As a result of RVC investment activity as of the end of 2013, 15 funds was created with RVC capital participation with the portfolio including 148 companies and total venture capital investment amounting to 2,3 bln rubles.

As part of the program for development of the innovation ecosystem in 2013, 11,000 people were trained, 7 corporate venture funds were created, the development of 10 specialized media was supported, recommendations for innovative companies on participation in federal programs were developed and the volume of sales of Russian companies innovative products, supported by RVC and its funds, amounted to 29 mln dollars in the global market.

Annual Report (PDF, 6 Mb)



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