Government fund of funds
Development institute of the Russian Federation

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100 Russian IT companies are supported by the Support Program for the export of Russian high-tech production

17.12.2015

RVC and "RUSSOFT" Non-Profit Partnership summarized a Program to support the export of Russian innovation and high-tech production. The program was launched in 2014 under methodological management of the Ministry of Economic Development of the Russian Federation and with RVC financial support. The Non-Profit Partnership RUSSOFT was a partner for this project. The program is based on co-financing principles and was realized with support of the RUSSOFT NP member companies.

100 Russian IT companies and 500 IT specialists participated in the Program to support the export of Russian innovation and high-tech production.

The main target of the Program is development of ecosystem to support the export of innovation and high-tech production of the Russian companies included in the industry business-associations and technological platforms.

IT specialists from Russia participated in the international industry events as part of the project. In particular, during 2015, representatives of the Russian IT companies visited Mobile World Congress (GSMA) in Shanghai, participated in road show in Switzerland, in the specialized workshop and contracts exchange in Austria (Software Days), in Global Technology Symposium (GTS) in California (USA), participated in the event conducted together with Samsung related to mobile technologies in Korea. RVC and RUSSOFT specialists arranged, as part of the foreign events, business meetings of the Russian entrepreneurs with the representatives of foreign corporations from China, Korea, Singapore and other countries. More than 450 Russian IT specialists participated in the foreign events.

We are glad that the government represented by RVC in cooperation with the industry association supports export of the Russian high-tech companies. Due to the Program, we were able to establish relations with the known Chinese and Singapore media companies (CCTV, Shanghai Media Group, MediaCorp). Several large companies from China and Indonesia became our customers. Volume of our export in 2015 should become twice higher comparing to 2014, said Yaroslav Gorodetskiy, General Director of CDNvideo company.

Efficient system of regular experience exchange between the Russian exporter companies actively operating on the global market was developed for the period of this Export Support Program. Expertise development mechanism for Russian IT entrepreneurs in the area of operation and arrangement of marketing on the foreign markets, peculiarities of legal, judicial and patent spheres was launched.

The program proved its being in demand — we saw the great interest from the Russian IT exporters. Self-regulatory mechanism featuring professional associations and, in particular, our association allowed us to attract additional funds of business that is interested in development of export of its IT products, in realization of the project. Thus, we managed to reduce budget expenses, and ensure high efficiency of the state support, Valentin Makarov, President of RUSSOFT NP comments.

Besides, a series of webinars devoted to marketing and sales on the developed markets of the European Union and USA, and in the promising regions where Russian companies have limited work experience - Southeast Asia, Latin America, Middle East countries, was conducted. More than 500 people participated in the webinars.

During 2015, besides the international events, SPIRIT also participated in webinars devoted to peculiarities of export development on various international markets related to high-tech software. We believe that it is very important to continue Export Support Program launched by RVC and RUSSOFT by providing financial support to the Russian high-tech IT companies for participation in the relevant international exhibits and conferences, Andrey Sviridenko, Chairman of the Management Board of SPIRIT DSP, says.

Current global situation has negative impact on export of the Russian IT products, but there are new serious opportunities emerging besides the difficulties. Some Middle East countries, even those who didn't show any interest, now turn to the Russian solutions. We can't but mention Latin America and Africa where relation to our companies is historically very positive. It's very important for the Russian developers not to miss these chances, Dmitriy Dyrmovskiy, General Director of the company "Tsentr Rechevykh Tekhnology". — As to the state support of the Russian IT companies export, I think that there are definitely some positive trends. I see it in work of RVC, ASI, in foundation of the Russian Export Center. The main point is to make this work result in definite measures for IT, such as: subsidy of marketing expenses and patents, credits to the foreign buyers of the Russian technologies and software, compensation of the existing double taxation, elimination of the VAT issue relating to export of software, beneficial conditions for export contracts: credits, bank guarantees. There is a good start, but we need to do much more.



Information

RVC OJSC is a state fund of funds, development institution of the Russian Federation, and one of the key tools of the state in creating national innovation system. The authorized capital of RVC is more than 30 billion rubles. RVC's capital is owned in full by the Russian Federation represented by the Federal Agency for State Property Management of the Russian Federation (Rosimushestvo). The total number of funds formed by RVC has reached 22 with the aggregate size of RUB 30.3 bn. The share of RVC is RUB 19.3 bn. RVC funds invested into 184 innovative companies. The total amount of invested assets is 17 billion rubles. Since 2015, RVC OJSC has been defined as a project office for implementation of the National Technology Initiative (NTI) — the long-term strategy of the country's technological development, aimed at formation of new global markets by 2035.

RUSSOFT NP is the largest association of the Russian software vendors. Today, RUSSOFT joins more than 100 companies working in the area of information technology, producing software products and offering software development outsourcing services with the staff of more than 20000 highly qualified employees. RUSSOFT is a representative of the Russian software development service recognized by the global IT community; it has reputation of a reputable lobbyist of the industry interests in its country.

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