Researchers, engineers and businessmen, united within the innovation ecosystem, work to create successful and competitive world-class projects. The ‘ecosystem’ is made up of the following key elements: startups, R & D centers, venture capitalists, Technopark Skolkovo Institute of Technology (Skoroteh), the business community, and the innovative city.
Skolkovo
Russian Silicon Valley
Skolkovo is a science city built from scratch. The Russian president Dmitry Medvedev signed the Federal Law of the Russian Federation N 244-FZ ‘On the Skolkovo Innovation Center’ on September 28, 2010.
400 hectares
-
21thsd
peoplepermanent
residents -
21thsd
peopleworkers commute
to the innovation
center daily
The goal of the Skolkovo Foundation is to create a system conducive to the development of enterprise and research in the five priority technological areas of the national economy: energy efficiency and conservation; information technologies; developing equipment and pharmaceuticals in biomedical technologies; nuclear technology; and space technology.
Entrepreneurial development in Russia
-
2013 year30,000–
40,000 entrepreneurs -
2016 year100,000 entrepreneurs
According to the head of the Skolkovo Foundation, Viktor Vekselberg, the project will no longer require funding after 2025. By 2020, Skolkovo will contribute 213 billion rubles (in excess of 6 billion USD) to the economy, which exceed the investments into it. The project is planned to contribute 1.5 trillion rubles (43 billion USD) to the GDP by 2030.
Skolkovo financing BY 2020
14.5 billion
USD
USD
financing
by 2020
by 2020
-
3.9 billion USD
from the federal
budget -
private
enterprise
924 million
USD
USD
will go to the project’s
participants
The Russian Startup Tour was launched in 2014. Skolkovo has visited more than 25 Russian cities to establish communities of young talented entrepreneurs, creators of innovative projects, investors, technology parks, as well as colleges and scientific institutes.
Skolkovo 2020
-
50
R&D
centers -
1500
More than
1,500 startups -
2000
More than 2,000
applications
to register
intellectual
property -
2.9 billion
usdMore than
2.9 billion USD
revenue from
subsidiary
companies