Russia is interested in globalization of innovative technology businesses

This was stated by RVC’s CEO Igor Agamirzian, speaking at "Global Innovation Partnerships" forum, held on October 2–4 in Moscow.

"Russian development institutions, including the organizers of the forum (RUSNANO, RVC, Skolkovo) are extremely interested in globalization of Russian technology businesses. Cooperation with international industry professionals is also of huge importance. Russian ecosystem of hi-tech entrepreneurship is increasingly globalized, commercialized, getting access to world markets. It’s a great challenge, but also a new opportunity for successful investments in a new generation of global technology companies," — said I. Agamirzian.

According to Igor Agamirzian, Asia-Pacific region today is becoming increasingly important for the Russian economy and for the global production system as a whole. "It is extremely important for Russian technology ecosystem to be included in the global system and to find its way in this market, also through integration of international capital in Russian companies," — added CEO of RVC.

"We plan to focus even more on this region and to access for Russia to the global markets, not only via Europe and the U.S., but also by integrating into APAC economy," — said Mr. Agamirzian.

He also pointed out that Russia, along with Europe, the U.S. and the countries of South — East Asia is starting to take its rightful place in the global innovation market.

"All over the world today there is fierce competition for talent, and today Russia provides an unique opportunity to invest in future technology leaders," — concluded Igor Agamirzian.

Participants of "Global Innovation Partnerships 2012" Forum (GIP 2012) are about 30 representatives of venture funds and investor associations from Hong-Kong, China and Republic of Korea. Among them: CITIC Capital Holding; SAIF Partners; CDH Investments; Northern Light Venture Capital; Shenzhen Capital Group Co., Ltd; Sequoia Capital China; China Venture Capital and Private Equity Association; STIC Investments and Korean Venture Capital Association. They manage funds exceeding $800 bln dollars. Forum is organized by RUSNANO, RVC and the Skolkovo Foundation. The goal of the Forum is to assess perspectives of investments in Russian high-tech projects.

First Forum in 2010 visited American partners in venture investments and innovations; the second one in 2011 attracted European colleagues. These visits resulted in hi-tech investment projects of more than $1 bln.

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