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50-528: RVC is founded by Russian Government dated June 7, 2006 No. 838-р. In 2015, RVC was assigned the role of the National technology Initiative (NTI) project office – a long term complex program designed to create conditions to ensure leadership of the Russian companies on the new high technology markets which will determine the structure of the global economy in the next 15–20 years. Authorized capital of RVC JSC

100-409: A new mater program related to project management in the field of artificial intelligence. "Innovative Economy and Technology Entrepreneurs" training course was developed by RVC in 2017 in cooperation with Saint-Petersburg National Research University of Innovation Technology, Mechanics and Optics (ITMO University) and Moscow State University n.a. M.V. Lomonosov License agreement with RVC on inclusion of

150-568: A partner as well. In 2015, National Research University "Higher School of Economics" was included in partners. In 2016, the rating was selected as a base for the priority project of the Ministry of economy " National Champions ". National Champions project is designed to ensure advanced growth of the national private high technology export-oriented companies-leaders and form on their basis. The project started in 2016. 62 high technology companies participated in it. Ministry of economic development of

200-480: A platform for corporate accelerators. The partner are Airbus , Michelin , VTB , Unilever , Alrosa and others. The projects are searched for in the areas necessary for the corporate partner. In 2018, the accelerator is recognized as the best corporate accelerator in Europe at the international forum Corporate Startup Summit 2018. Start-ups monitoring from 2013 to 2017 demonstrated that total volume of investments in

250-537: A three month accelerator program. The company held its first program in Boulder in 2007 with ten companies. Of the ten, two were acquired that same year. As of 2012, three had achieved positive exits and two were generating millions in annual revenue. In subsequent years, Techstars expanded to Boston, Seattle, New York City, a " cloud " program in San Antonio, and Austin. In January 2011, Techstars launched

300-422: Is 26.6 billion roubles. The first funds were established in 2007-2008 in the form of closed-end funds (CE VF) where RVC had 49% share, then in the form of LLC, now – in the form of the investment partnership. RVC development strategy for 2017 - 2030 determines company mission – a development of the mature venture capital market through the consolidation and development of resources, competencies and initiatives on

350-532: Is a global startup accelerator and venture capital firm founded in 2006 and headquartered in New York City . The accelerator provides capital, mentorship, and other support for early-stage entrepreneurs. As of January 2024, it had been used to launch roughly 4,100 companies with a combined market capitalization of over $ 116 Billion USD. Techstars operates accelerator programs in the Americas, Europe,

400-453: Is a program launched in Russia that helps to overcome technological barriers on NTI markets. The first tasks of the Russian contests were creation of the unmanned vehicle operating in the difficult weather conditions - "Winter city" and creation of the hydrogen fuel cell element for unmanned aircraft and motor cars - "First Element. Air" and "First Element. Earth". NTI Centres of Competence are

450-469: Is aimed at increasing the supply of venture capital through the creation of new funds jointly with its partners: private, institutional and foreign investors, as well as large corporations. At the suggestion of market participants, RVC invests in venture capital funds and initiates the creation of new funds with the involvement of professional investors and managers. According to the updated investment strategy RVC product portfolio will consist of 6 categories of

500-410: Is an innovative journalism contest organized to motivate professional media community to pay more attention to science, high tech and venture entrepreneurship. In 2018, contest winners were selected in four specialized tracks: "Venture Business", "Life Science", "Philanthropy and Technology" and "Hydrogen Energy" Applications for participation were submitted by 610 authors, 48 best authors were selected by

550-569: Is determined by the program’s Managing Director, along with a screening committee consisting of members from the Techstars network. In exchange for 6% common stock, each company accepted into Techstars receives $ 20,000 in funding along with a $ 100,000 convertible note. Participants also gain access to the Techstars network and receive benefits valued at over $ 5 million, which include $ 100,000 in AWS credits. The accelerator program spans three months and

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600-436: Is held from 2016. In 2016, 12 000 scholars submitted applications, in 2017 - more than 20 000 scholars. Application submission is followed by the remote stage - completing of the tests on the website. In order to prepare for the in-person final, the scholars can participate in specialized hackathons. in 2018, the number of applications reached 38 359. A separate track for the students is launched. NTI Up Great technology contests

650-842: Is more than 30,01 billion rubles. One hundred per cent of the RVC capital belongs by the Russian Federation represented by the Federal Agency for Management of State Property of the Russian Federation ( Rosimushchestvo ). Chairman of the Board of Directors: Oleg V. Fomichev — Deputy Minister of Economic Development of the Russian Federation The number of Board members cannot be less than five people. The state together with Skolkovo Fund , Rusnano JSC and Vnesheconombank designate RVC as development institutution of

700-615: Is the federal executive body of state power of the Russian Federation . The members of the government are the prime minister , the deputy prime ministers , and the federal ministers. It has its legal basis in the Constitution of the Russian Federation and the federal constitutional law "On the Government of the Russian Federation". The Apparatus of the Government of Russia is a governmental body which administrates

750-448: The 2000 Russian presidential election , gaining 53.44% of the vote. The most recent change took place on 14 May 2024, when President Vladimir Putin signed a presidential decree on forming Mikhail Mishustin's Second Cabinet . The Government is the subject of the 6th chapter of the Constitution of the Russian Federation . According to the constitution, the government of the Russian Federation must: The government issues its acts in

800-577: The Global Accelerator Network (GAN), which links 22 similar programs internationally. The network was launched in conjunction with President Barack Obama 's Startup America Partnership. GAN is now an independently operated organization. Techstars has also supported the formation of Patriot Boot Camp. In 2017, Techstars partnered with the venture capital firm Partech Ventures to expand its program to Paris , and in September of

850-548: The Middle East, Africa, Asia, and Oceania. Companies started via Techstars include DigitalOcean , Trust & Will , SketchFab , SendGrid , ClassPass , PillPack and GrabCAD . Techstars was founded in Boulder, Colorado , by David Cohen , Brad Feld , David Brown, and Jared Polis in 2006. Initially, Techstars invested between $ 6,000 and $ 18,000 in early stage companies, providing entrepreneurs with mentorship during

900-514: The NTI projects from the date of launch; this amount includes 8.7 billion of the state subsidies. Total number of supported projects as of December 2018 is 39. Funding in the form of grants was distributed by the Fund for assistance to innovation - money were received by 406 projects under the programs "Umnik-NTI", "Development-NTI", "Start-NTI". NTI Olympiad is an annual team engineering competition between

950-499: The National Technology Initiative. Starting 2016, RVC fulfils functions of the NTI project office (Order of the Government of the Russian Federation dated April 18, 2016) No. 317: performs project management, provides organizational, technical, expert and analytical support, information and financial support for the development and implementation of NTI roadmaps and projects. The Investment activity of RVC

1000-686: The President of the RSFSR Boris Yeltsin signed presidential decree No.242 "On the reorganization of the government bodies of the RSFSR". Yeltsin officially declared the end of the Soviet Union and became the President of the Russian Federation. Yeltsin was a reformer and promised Western-styled democracy. The new Russian Constitution was adopted in 1993. It gained legitimacy through its bicameral legislature, an independent judiciary,

1050-460: The Russian Federation assist with the development of advanced growth strategies and use of the existing support measures to the maximum extent, assists in overcoming the administrative barriers, helps to interact with the authorities, development institutions and financial organizations in concierge-service mode. RVC specialized department in MIPT "Technological projects management", Masters program for

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1100-457: The Russian Federation, i.e. "instruments designed to solve state tasks in the market environment". According to the development strategy for 2017-2030 RVC works in three main directions: investment activity as a fund of the funds, development of innovation and National Technology Initiative, venture capital market development. Company focuses on support of the technology entrepreneurs whose projects address roadmaps and cross-platform technologies of

1150-447: The Russian documents on the international level. In October 2018, ISO/IEC experts approved Russian project of the industrial internet of things standard, development of a number of multi-language standards is initiated. In 2018, order of Federal Agency on Technical Regulating and Metrology extended powers of the committee in the field of legal and technical regulation for the account of artificial intelligence and smart power energy areas. At

1200-522: The activities of the government. According to the 1991 amendment to the 1978 constitution , the President of Russia was the head of the executive branch and headed the Council of Ministers of Russia . According to the current 1993 constitution, the president is not a part of the government of Russia, which exercises executive power. However, the president appoints the prime minister. The large body

1250-461: The bachelor graduates of the science departments (physics, chemistry, biology and other) where natural-science education is amplified with business training. Analytic specialists for the venture funds, innovation specialists and technological entrepreneurs are trained under this program. In 2018, RVC together with the MFTU laboratory of neural systems and deep learning and MFTU-Sberbank laboratory launched

1300-401: The business community for development of the new markets and provision of the expert and analytic services to their participants. Budget financing of the centres in the amount of 628 million roubles is going to be provided during the first three years. RVC in partnership with PwC launched the "Export Accelerator" of the National Technology Initiative (NTI). The program is aimed at development of

1350-420: The course "Innovation economy and technological entrepreneurship" in the training program 2018-2019 were signed by 34 Russian universities from 25 regions. It is expected that by 2020 the number of universities-operators will reach 100 and about 50 thousand students will complete the training. Support of the analytical projects in venture industry is aimed at increase of objectivity and creation and development of

1400-401: The departments that are created based on the educational and scientific organizations and are engaged in development of the cross-platform NTI technologies including big data, artificial intelligence, and quantum technologies, new portable energy sources, robotics parts, and wireless technologies, virtual and augmented reality. Centres carry out research and educational activity in consortium with

1450-497: The development of corporate acceleration tools GenerationS is aimed at the development of the high technology projects that are of interest for the Russian and international venture investors. It is held from 2013 with the support of the Russian corporations, development institutions, venture infr astructure representatives. It is first Russian accelerator that was included in the international network Global Accelerator Network (GAN) created by Techstars . From 2018, GenerationS works as

1500-701: The end of the year, the number of participants of TC "Cyber-physical systems" and its task forces included more than 80 organizations. In December 2018, in Sochi, RVC for the first time held the forum "Ecosystem NTI: Strategy for the Future" that joined about 500 participants of the National Technology Initiative community to summarize the year, work over the new initiatives and coordinate joint plans for 2019-2020. Russian Government The government of Russia ( Russian : Правительство Российской Федерации , romanized :  Pravitelstvo Rossiyskoy Federatsii )

1550-593: The expert council. RVC supports of the Russian and Kazan venture capital fairs, Siberian venture capital fair, Venture capital investment forum, Moscow corporate venture summit and others. RVC JSC is charged with functions of the National Technology Initiative project office. The project office performs project management, provides organizational, technical, expert and analytical support, information and financial support of development and implementation of NTI roadmaps and projects. Today, eight roadmaps are approved within NTI framework, 11 task forces for NTI markets operate,

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1600-399: The export done by the Russian technological companies that work on NTI markets. More than 60 companies submitted applications for acceleration in the NTI export centre. 15 companies passed to the final accelerator stage: eight companies are specialized in development of the globally oriented products in the field of artificial intelligence, four companies work in the field of internet of things,

1650-472: The following projects "NTI Centres of Competence", "Up Great technology contests", "NTI University 20.35", "NIT Plympiad" and other are implemented. In 2019, at least three NTI roadmaps will be updated. In July 2018, long-term NTI implementation plan for the period of 2018-2021 was approved. In order to ensure regulatory support for NTI implementation, 7 regulatory roadmaps for Technet, Marinet, Autonet, Aeronet, Energynet, Healthnet and Neuronet were approved by

1700-461: The fund focuses on underrepresented entrepreneurs. In December 2023, the group announced it would pause its Austin operation. Just a few months later, in February 2024, Techstars announced that it would be moving its headquarters from Boulder to New York, where its CEO lives, and closing the Boulder and Seattle accelerators. The decision was criticized by a former Seattle staffer and others in

1750-442: The funds: · classic venture funds; · young managers funds (1st time GP); · late-stage funds; · early stage funds supporting NTI; · corporate funds; · foreign venture funds In 2018-2020 RVC planned to establish up to 10 new funds in total. Now, the company manages 26 funds, three of which were established in 2018. The total assets under management of the funds are 48.8 billion roubles. RVC share

1800-418: The graduates reached 2.4 billion RUB. The Open Innovations Forum The Open Innovations Forum is an annual forum devoted to new technologies and perspectives of international cooperation in the field of innovation. This is a global discussion venue designed to demonstrate results, achievements, exchange of experience between the scientific community, business and authorities. The forum is held from 2012 by

1850-471: The leading Russian development institutions. RVC is one of the organizers and intellectual partner of a number of panel discussions. National rating of the fast-growing high-tech companies "TechUp" was organized by RVC in partnership with the Association of Innovative Regions of Russia (AIRR) in 2012 with support of Rosnano and FASIE. In 2013, PwC joined as the partner. In 2014, MSP Bank (SME Bank) became

1900-404: The leading technological companies. 14 centres are established in Russia. State support of NTI CC is provided under the order of the Government of the Russian Federation dated October 16, 2017. No. 1251. In 2018, the process of creation of the NTI infrastructure centres for Technet, Autonet, Aeronet, Energynet, Healthnet, Neuronet and Circle movement is complete. The centres join representatives of

1950-468: The order of the Government of the Russian Federation in 2018. The documents include step-by-step measures aimed at elimination of the regulatory barriers for NTI markets development. RVC portfolio includes five venture funds that are focused on support of the National Technology Initiative projects - they are three joint funds with "Skolkovo", with Far East Development Fund and "Rusnano", as well as NTI Fund. 15.6 billion roubles were allocated for funding of

2000-407: The other three - in the field of big data. In 2019, new tracks will be launched. In 2018, Technical committee "Cyber-physical systems" created on the base of RVC together with the market players initiated more than 30 national standards in the field of "cross platform technologies" including projects to the benefit of NTI Energynet, Technet and Safenet. An important committee work area is promotion of

2050-477: The part of investors, investment portfolio managers and entrepreneurs so as to create and promote innovative products and technologies in priority technology areas, making Russia a leader in the global technology market. In order to implement the mission, RVC facilitates technology transfer, launches acceleration events and educational programs, promotes the innovation activity and develops entrepreneurship communities. RVC supports Russian technology entrepreneurs in

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2100-458: The period till 2018 and further perspective till 2030. According to the strategy, by 2030, the volume of deals on the national venture capital market should reach 410 billion RUB, which is 29 times greater than in 2017. Aggregate capital offer on the venture capital market (total amount of the funds the projects can expect to receive from the venture investors of different categories) should grow by 12.5 times up to 2.73 trillion RUB. The platform for

2150-477: The position of the president and the prime minister, and democratic features. These democratic features included competitive multi-party elections, separation of powers, federalism, and protection of civil liberties. In 1999, Yeltsin appointed Vladimir Putin the Prime Minister. Later that year, Yeltsin resigned from the presidency, and Putin took over as the acting president. In its first round, Putin won

2200-500: The priority fields: biomedicine, power energy, advanced production technologies, new materials, component base development, quantum technologies, digital technologies in the relevant fields. Venture capital market development strategy At the end of 2018, RVC together with the Ministry of economic development of the Russian Federation presented a draft of the Strategy of development of venture capital market and direct investments for

2250-713: The same year was contracted to work with the United States Air Force's new technology accelerator "AFwerX". At the beginning of 2019 Techstars started another European program around smart cities in Amsterdam with their corporate partner Arcadis . In 2021, Maëlle Gavet became CEO. In 2017 Techstars became the first US accelerator to build an office in the UAE. In 2022 Techstars expanded its work into Africa. In 2022, Techstars and J.P. Morgan raised $ 80 million to invest in over 400 companies through 2024;

2300-513: The scholars of 7-11 grades that provide privileges on entering universities. The competition is held in a number of profiles related to the National Technology Initiative . Co-organizers - RVC and [[:ru:Агентство стратегических инициатив по пр�%B|ASI]]. Organizing universities are Moscow Polytechnic University , Moscow Aviation Institute , MIPT , MEPhI , ITMO University , MISiS, MSTU n.a. N. E. Bauman . NTI Olympiad

2350-411: The startup community. Techstars Seattle was one of the first accelerators to emerge from the Techstars program. The decision to close it was made as the accelerator shifts its focus to cities with more VC activity. In May 2024, Gavet announced her resignation and that Cohen would return as CEO. Techstars admits approximately 1-2% of applicants, typically selecting 12 companies per cohort. Admission

2400-502: The system of standards according to which analytical information about the venture industry should be provided. One of the most important researches "MoneyTreeTM: Venture market navigator" is held by RVC together with PwC. In 2018, RVC together with the partners delivered the researches: Rating of the Russian venture funds, business-angels and corporations, Venture Barometer 2018 (RVC - general partner), Venture investments 2018. Tech in Media

2450-471: The way of decisions (Постановления) and orders (Распоряжения). These must not contradict the constitution , federal constitutional laws, federal laws , and Presidential decrees , and are signed by the Prime Minister . The Government also assists the Prime Minister in faithfully carrying out the country's domestic and foreign policy as determined by the President. Techstars Techstars

2500-424: Was preceded by the government of the Soviet Union . The government's structure has undergone several significant changes since the Russian Federation emerged from 1991 to 1992. In the initial years, many government bodies, primarily the different ministries, underwent massive reorganization as the old Soviet governing networks were adapted to the new state. Many reshuffles and renamings occurred. On 28 November 1991,

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