The Skolkovo

A non-profit organization established in 2010 and acting as the management company of the Skolkovo Innovation Center. The purpose of the Foundation is to support technological entrepreneurship in Russia and commercialize the results of research activities. The number of Skolkovo residents has already exceeded 2,700. The Fund provides them with a range of services necessary for bringing developments to the Russian and international markets. The resident status gives the company tax and customs benefits. In 2019, the revenue of residents amounted to more than 100 billion rubles. Since 2019, the law allows any organization engaged in research activities on the territory of Russia to get access to all the services and benefits of the Innovation Center. The Skolkovo Institute of Science and Technology (Skoltech), which is one of the top 100 young universities in the world according to Nature India, is located on the territory of the Skolkovo Innovation Center. The infrastructure of the Innovation Center consists, in particular, of the largest Technopark in Europe and research centers of industrial partners. In 2019, three new partner R&D centers were opened in the Innovation Center-Sibur, TMK and Tatneft companies. In total, more than 750 thousand square meters of residential quarters, research and educational centers have already been put into operation on the territory of Skolkovo. Extra-budgetary investments in the creation of infrastructure exceeded 100 billion rubles. Currently, the Government of the Russian Federation is transforming the system of development institutions, providing for their integration into the management perimeter of VEB. RF. On the basis of the WEB.The Russian Federation is creating a centralized investment block for the implementation of projects that contribute to the achievement of national development goals. The priority of the VEB Group.The Russian Federation is becoming a consolidation of public and private investment resources for the breakthrough development of the country, improving the quality and creating comfortable living conditions for people. Development Institutes of the Russian Federation We participate in the development of the Russian economy together with other development institutes of the VEB Group.Russian Federation: Rusnano, the Industrial Development Fund, the Russian Export Center, the SME Corporation."