Central regions | Finance, business | Technology & innovation

Academic Tech Incubator set up in private-public partnership

14 Mar '14
The RVC Infrafund and the Rusnano and RAS Tech Transfer Center in partnership with yet-unnamed private investors have set up the Russian Academy of Sciencesí Tech Business Incubator, RVC (Russian Venture Company) announced.

The new entity is said to be focused on incubating advanced technologies in material science. RAS Tech Business Incubatorís resident projects may expect to get support in project screening, business plan development, legal issues, teambuilding, market promotion, fundraising, etc.

To get access to all these services a start-up is expected to give the Incubator an up to 10% stake in the young company.

In 2014, the RAS Tech Business Incubator team will reportedly concentrate on supporting projects that develop artificial diamond, laser and biocompatible material technologies.

The new infrastructure program is said to be mature enough already to be able to create four or five companies within its first year of operation. Longer term, a portfolio of 20 start-ups is envisioned.

The Rusnano and RAS Tech Transfer Center, one of the Incubator co-founders, is a nonprofit partnership established in 2011 to screen the Russian Academy of Sciencesí regional units for commercially viable projects. Over the past two years a reported 20 small innovation companies have been set up, about $14m in investment raised, and 14 companies have joined the Skolkovo project as residents.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations:

Tags: RVC Infrafund (17) / Russian Academy of Sciences (13) / RAS Tech Business Incubator (0) /

Latest News: Central regions
24 May '18 | Finance, business | Technology & innovation
23 May '18 | Retail, FMCG | Finance, business
21 May '18 | Finance, business | Technology & innovation
16 May '18 | Finance, business | Technology & innovation
 

Feature stories

3 Apr '18
In regions most of European Russians will hardly ever...
21 Nov '17
Russian scientists have come up with what they say is...
7 Sep '17
Search (News archive - 21240)
Advertising
RB_Partners_Report
Advertising
gcvsymposium
Advertising
Independent Software Developers Forum
Advertising
Marchmont News

Latest News

24 May '18
BKS, a Russian company, and its partners have...
23 May '18
A U.S.-based start-up of Russian origin, Scentbird,...
22 May '18
Severstal, one of Russiaís largest mining and...

Most read stories from last week

22 May '18
Severstal, one of Russiaís largest mining and...
23 May '18
A U.S.-based start-up of Russian origin, Scentbird,...
24 May '18
BKS, a Russian company, and its partners have...