Projects of Bitronics Lab ("Young neuromodeller") and "BAS Educational Kit" developed by the project teams — graduates from the GenerationS accelerator held by RVC, became the two of five NTI projects approved on December 15, 2016 at the proceeding of the interdepartmental task force supported by the Presidium of the Presidential Council for Economic Modernisation and Innovations of Russia.
RVC Infrafund has invested in leading scientific and production company ILMA (Saint-Petersburg). These investments will be spent on the development of production in St. Petersburg, development of engineering and service centres to ensure large-scale production facilities with quality reduction and regional expansion.
On 23 December 2016, a regular meeting of the Board of Directors of RVC was held under the leadership of its Chairman - Deputy Minister of Economic Development Oleg Fomichev; during this meeting, the Order of the General Meeting of shareholders was announced on the appointment of Alexander Povalko CEO and Chairman of the company.
RVC, RVC Infrafund and Belorussian Innovation Fund announced creation of a joint venture fund "Russian-Belorussian Venture Investment Fund." The target size of the fund will amount to 1.4 billion rubles with the possibility of a further increase upon investors' decision.
The III Annual Forum "Innovation Ecosystem" was held in Sochi on 5 and 6 December 2016; it was organized by RVC, which was attended by over 400 representatives of the venture capital market of the 25 Russian regions and four countries
GTL Company (Geosteering technologies) — a Russian developer of industrial IoT technologies for the oil and gas industry, a portfolio company of the Phystech Ventures and North Energy Ventures funds, created with the participation of RVC, raised $ 2 million of investment
On 7 December 2016 as part of the III Congress "Innovative practices: Science plus Business" the winners of the fifth annual national rating of Russian high-tech growth companies "TechUp-2016" were announced
"Overview of the Market. Direct and venture capital investments in nine months of 2016" was presented at the special session of the "Venture Market: year’s results and future trends" within the Innovation Ecosystem Forum on 5 and 6 December
The cooperation agreement provides support for innovation and entrepreneurship and the development of technology transfer, the development of new training programs for highly qualified personnel, as well as the development of scientific and research projects in the interests of NTI