Latest News

Putin calls off prohibitive conditions for Visa and MasterCard’s operation in Russia 3 Jun '14 President Putin has canceled burdensome terms and...	Nizhny Novgorod develops university-based biomed innovation cluster 3 Jun '14 The Nizhny Novgorod region is developing its...
Russia to apply Sochi Olympics’ ‘green’ construction technologies across country 2 Jun '14 The ‘green’ construction standards used in building...	Intel to complete research center at Skolkovo “in a year or two” despite sanctions 2 Jun '14 Intel plans to set up its research division at...
Siberian researchers to give underwater robots new telecommunication 30 May '14 Tomsk scientists are pushing a project aimed at...	Russian e-commerce leader invests in Dream Industries’ digital content platforms 30 May '14 Russian e-commerce leader Ulmart invests $6.5m in...

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Key events

KomTech-2014 Innovation Week: building a bridge from science to business	May 28-30: new KomTech-2014 at Lobachevsky UNN in Nizhny Novgorod
The Lobachevsky State University of Nizhny Novgorod...	The Lobachevsky State University of Nizhny Novgorod...

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Regional Innovation Partners news

Volga(4556)

24 Jul '14 Seed-stage companies in Nizhny quadrupled sales in 1H 2014 Seed-stage residents of the Nizhny Novgorod Business...	22 Jul '14 Samara team to develop artificial intelligence for industry Samara State Aerospace University in the mid-Volga...
18 Jul '14 In West Urals, researchers offer oil producers new threading technology Perm Oil Machine Company, a sizable Ural-based...	15 Jul '14 Bankers support venture business in Nizhny Novgorod PSB, a sizable Russian bank that set up its own VC...

22 May '14 New nanocoated pipe production launched in Urals Chelpipe Group, a sizable Russian pipe maker based in...	13 May '14 Russian phototherapeutic technology aids newborn in Switzerland A hospital in Bern, Switzerland, has received brand...
31 Mar '14 Patented Ural technology to appreciably extend service life of pipes Pervouralsk New Pipes, a sizable pipe maker in the...	24 Feb '14 Tyumen technology to treat water to “zero toxicity” Researchers in Tyumen, in West Siberia, have...

25 Jul '14 Siberian scientists can deal with traffic jams? Scientists in Novosibirsk appear to have an...	24 Jul '14 New computer data protection invented in Tomsk A university postgraduate in Siberia’s Tomsk has...
23 Jul '14 Fast charging for electrical cars invented in Siberia A new battery charging system is being developed in...	17 Jul '14 Virtual reality and physical world all in one, Siberian style A postgraduate at a leading university in Siberia is...

4 Jun '14 Krasnodar ‘light water’ successfully fights cancers and diabetes? Scientists in Krasnodar, In Russia’s South, have...	2 Jun '14 Russia to apply Sochi Olympics’ ‘green’ construction technologies across country The ‘green’ construction standards used in building...
15 May '14 Investors in Crimea to receive “considerable” Russian government support Investors willing to inject money into the Crimea...	30 Apr '14 Russia seeks to develop start-up industry in Crimea The Internet Initiatives Development Fund, a...

25 Jul '14 Chubais sees Russia among world’s nanotech leaders Russia has every opportunity to join the global...	22 Jul '14 Symantec and Skolkovo pen partnership agreement Skolkovo and California-based digital security...
21 Jul '14 DST launches 4th international tech fund DST Global, a large Russian IT-focused fund, has...	21 Jul '14 Russia’s first 300mm wafer size fab in Moscow certified Crocus Nano Electronics, the JV between France’s...

23 Jul '14 Russia and China to set up joint university led by MSU expertise The first Russo-Chinese University, to be built in...	16 May '14 Yakutia energy supplier upgrades power transmission towers Yakutskenergo, the largest energy supplier in Yakutia...
18 Apr '14 Far East’s Nuclear Medicine Center to use domestic equipment The partners in the large Nuclear Medicine Center...	14 Apr '14 Three best Primorsky projects picked for Skolkovo’s StartupVillage Three best projects in innovative medical materials...

17 Jul '14 In northwest Russia, pizzas get delivered by drone A Russian pizzeria chain and an air transportation...	30 Jun '14 GS Group seeks marketable nanotubes and nanofiber solutions GS Venture, a corporate Russian VC fund, and...
23 Jun '14 GS Group to make new chips for domestic market in Northwest Russia GS Nanotech, a sizable microelectronics developer and...	17 Jun '14 Vkontakte cofounders building technopark in St. Petersburg Selectel, a data center company owned by Vkontakte...

13 Mar '14 Russia’s Chechnya and Iran ready to cooperate in nanotech and biotech Chechnya, a Muslim region in Russia’s Northern...	11 Mar '14 Innovation project database developed in Caucasus’ Adygeya The authorities of the Republic of Adygeya, a small...
6 Mar '14 Stavropol sapphires once again ready for IPO? Monocrystal, the Stavropol-based Russian producer of...	3 Dec '13 Northern Caucasus’ Stavropol supports regional innovation A plate heat exchanger development and production...

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Feature stories

24 Jul '14

Kendrick White: “Ultimate use of technology can’t be regulated by the government from the beginning to the end”

As Russia is trying to pick up steam in its thrust to a new innovation economy, serious obstacles...

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Russian Venture Capital Market Overview

OPINION POLLS

NEWOnly one out of 300 Russian students polled wants to become a businessperson, according to Russian Business Ombudsman Boris Titov. The rest would prefer leading a “safe and stable” life as a government employee. Why do you think the Russian youth shuns risk-taking and seeks the quiet of a salaried office position with little responsibility?

Young people are just too infantile to take calculated risks.

They wisely think of how to provide for their future families, which is easier in a salaried position.

Doing business successfully takes a special gift that few possess.

A businessperson in Russia has to face overwhelming difficulties that the state has created.