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| Technopark “Skolkovo”, created in 2010, provides innovative companies participating in the project to support the development of technology assets, contributing to their establishment in the Russian and global markets. |
“Robotics holds a priority place on the Russian Communications and Media Ministry’s list of the most promising IT development lines, which is reflected in the IT Development Strategy prepared by the Ministry and approved by the Russian Government at the end of 2013. Our objective goes far beyond promoting research in this field. What we’ve got to do is to draw the attention of the wider public to robotics proper,” said Mark Shmulevich, Deputy Minister of Communications and Mass Media.
Mr Medvedev said, “We have approved a Strategy of Russia’s Innovation Development to 2020 and expect that its implementation will result in innovations adding about one percentage point to our economic growth, starting from 2015. We suggest that innovation activity should be regarded as a positive-sum game, where all participants derive the maximum gain precisely from a strategy of cooperation. There can be no isolationism here, because it leads nowhere.”
Sustainable economic development is often at the mercy of politics, election cycles and alterations in federal investment, all of which effect how dreams can be realised. Those in the room all seemed committed to finding the will to sustain world-beating innovation utilizing their information technology advantage and large talent pool of well-educated young people.
Robohub’s Hallie Siegel attended last year’s event and summarized her visit and the event in a post entitled “Russia looks inward and outward at Moscow’s 2013 Open Innovations Forum.”
Thus the 2014 Skolkovo Robotics Conference takes on a special importance in the pursuit of those goals. The 2-day agenda includes an exposition of robotics pilot projects and addressses and round-table discussions by notable international guests and partners.
“The venture market in 2012 was $46bn in the US and $1bn in Russia with growth by 2020 to $75bn in the US and $5.5bn in Russia,” said Mikhail Shekhovstov from J’son & Partners Research.
The main funding methods available to innovative companies in Russia today include venture capital, business angels and seed accelerators. Although crowd funding and crowd investment was discussed at the 2013 conference, it is not really present yet in the Russian investment market. Business angels also are only just starting to become a part of the funding toolbox in Russia.
The importance of inspirational Russian investors such as Yuri Milner, Dmitry Grishin and Dmitry Itskov, and the global investment community is not ignored, but all recognise that they are few and far between.
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| Source: The Robot Report’s Global Map of Robotic Providers |
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