Government fund of funds
Development institute of the Russian Federation

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Business breakfast “Support to Promising Educational Technologies in Digital Economy”

How can educational startups be supported in introduction of new educational technologies in the conservative education market? How can Russian EdTech projects expand their platforms beyond Russia and scale up their value up to $1 billion? This kind of support will be granted to businesses from the Education Venture Foundation established by RVC together with the Ministry of Economic Development. The venture market participants discussed the Fund’s operation prospects during the business breakfast “Support to Promising Educational Technologies in Digital Economy”. The new Fund will operate as an investment partnership and its technological priorities will focus on creation of educational content, academic program selection services and aggregator platforms. The total size of the Fund will amount to RUB 7 billion, the investment period will be 5 years.

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