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Russian Startup Tour Gets Under Way

06 February 2015

Some 400 organizations are participating in the third annual Russian Startup Tour of domestic cities in search of the most promising innovative hi-tech solutions for potential commercialization in Russia.

The tour will make 12 two-day stops in 10 cities—eight cities in Russia and one stop each in Almaty, Kazakhstan and Minsk, Belarus. Each stop will consist of a one-day workshop for budding entrepreneurs and a contest day of pitch presentations from participating teams.

Winners of the contests are invited to take part in the Startup Village, which is set to take place at the Skolkovo Innovation Center near Moscow June 2-3.

The Skolkovo Foundation is a non-profit organization founded in September 2010 by the Russian government to accelerate transformation of Russia from a resource-intensive to an innovation-based economy.

The Skolkovo Innovation Center is comprised of about 1,000 established companies and startups, a Technopark, the Skolkovo Institute of Technology(Skoltech), and a graduate research university established in collaboration with the Massachusetts Institute of Technology. The center is all based on one campus at Skolkovo city, located near Moscow.

The Skolkovo ecosystem has attracted some 30 foreign corporations, including Boeing, Cisco Systems, EADS, GE, Johnson & Johnson, IBM, Intel, Microsoft, Siemens, Nokia, and Samsung, all of which have signed R&D partnership agreements with the Foundation. More on the tour can be found here.

Questions or comments on this story? Contact dylan.mcgrath@ihs.com

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