An overview of the new innovation center being built in Skolkovo, Russia. Describes the strategy, investment and infrastructure of this strategic initiative of the Russian government.
2. MISSION
Skolkovo is a strategic development initiative to:
• Diversify and grow Russia’s economy
through innovation and entrepreneurship
• Fully-integrate Russian technology
into the global economy
• Develop human capital through world-
class research and education
• Create globally-competitive
knowledge-based companies
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3. GUIDING PRINCIPLES
Open, transparent, and fair: essential to
attract world-class talent, institutions and
businesses
International standards
Maximum private sector participation
Self-sustaining over time
Physical and virtual layers
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4. WHY SKOLKOVO?
Normal Technology Life Cycle
Technology maturity / market acceptance
Private Large Corporates
Equity
IPOs Commoditization of
Technology
Entrepreneurs
Early
Late
Mid
Basic Applied
ResearchResearch
VC
Time
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5. WHY SKOLKOVO?
Current Russian Situation
The “Gap”:
Technology maturity / market acceptance
• Research not linked to market
• Little early-stage financing or services
• Result: weak commercialization
Private Large Corporates
Equity
IPOs Commoditization of
Technology
Entrepreneurs
Early
Late
Mid
Basic Applied
ResearchResearch
VC
Time 5
6. THE SOLUTION?
Close the gap with tools for efficient commercialization
Technology maturity / market acceptance
Skolkovo “Ecosystem”
Skolkovo Institute
Large Corporates
Innovation Center
• 5 clusters
Commoditization of
• Technopark
Technology
• Key partners
Entrepreneurs
VC
Virtual Skolkovo
Early
Mid
Late
Basic Applied
Research ResearchCity Infrastructure
Time
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8. SKOLKOVO INSTITUTE OF SCIENCE & TECHNOLOGY
World’s first graduate
university to fully-
integrate research,
education, innovation
and entrepreneurship
• Core of Skolkovo ecosystem Strategic partner:
• Source of high-caliber talent
• 1200 graduate students and 300
faculty/post-docs by 2018
• 5 programs, 15 research centers
(each with 3-4 labs)
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9. UNIQUE PLATFORM FOR GLOBAL COLLABORATION
Research Centers SIST
MIT
Energy
Program
Russian &
IT international
Program institutions
Biomed
Program
Space
Program
Nuclear
Program
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15. KEY PARTNERS’ ROLE
1. Create and operate R&D centers in Skolkovo
2. Evaluate Skolkovo’s pipeline of promising technologies &
advise on strategy
3. Co-invest in promising Skolkovo start-ups
4. Offer early commercialization opportunities to Skolkovo
startups
5. Fund research at SIST
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21. VIRTUAL SKOLKOVO: REPLICATING IN THE REGIONS
Skolkovo Start-up
2015
Technopark
Saint Petersburg
University
Moscow
Nizhniy Novgorod
Financing Kazan
Skolkovo Tomsk
Vladivostok
Novosibirsk
2011
• Replicate services in major
Russian cities
Saint Petersburg • Web-based platform linking
Moscow Skolkovo, regional and
Nizhniy Novgorod
Kazan Krasnoyarsk
international resources and
Skolkovo Tomsk partners (academic,
Vladivostok
Novosibirsk
commercial, financial)
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22. SPECIAL CONDITIONS FOR STARTUPS IN SKOLKOVO
• No VAT or profit tax for 10 years
• 14% unified social tax rate (vs. normal 34%)
• Refund of customs duties and VAT on
imported equipment
• OECD tech regulations apply
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23. WHAT SKOLKOVO IS, WHAT SKOLKOVO ISN’T
We provide financial grants We are not an investment
fund; we do not invest, take
We are non-profit equity stakes or board seats
We finance and support R&D We don’t finance production or
and early-stage companies advanced commercial activity
We are a platform for We are not a sales agent
international collaboration in
R&D and technology transfer
We support and finance both We are not limited to Russian
Russian and international technology; our mandate is to
innovation enhance 2-way tech transfer
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24. THANK YOU
For more information, please contact:
Steven Geiger
Chief Operating Officer
sgeiger@corp.i-gorod.com
www.i-gorod.com
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