Central regions | Technology & innovation

RVC to set up Fund Smart-System and AtomFund RVC

8 Jul '11
Russian Venture Company (RVC) intends to set up two new venture funds a fund of information-telecommunication technologies, in-built smart systems, mechatronic and robot machinery Fund Smart-System, and a cluster fund of applied nuclear technologies AtomFund RVC, iBusiness reports.

The Fund Smart-Systems is to create the eco-system for generation of growth of successful business-projects in the sector of specialized in-build smart-technological systems. Under plans, the fund is to invest in perspective service companies of the technological cluster, design-centers, suppliers of breakthrough solutions, as well as to incubate technological projects with high potential and provide marketing services to innovators and their projects.

The Fund is also to ensure full-cycle commercialization of smart-system products, starting with analyses of global market tendencies and search of perspective technologies and finishing with building the development strategy, intellectual property protection and further capitalization of supported innovation companies in the cluster.

Initial size of the Fund Smart-System is estimated at $18m, which is then to be increased to $72m. The investment period is set at up to five years, and the Fund is scheduled to exist till September 2020 and can be prolonged. The fund is to operate under private-public partnership: it is to invest in its portfolio firms only is co-investment is raised from private investors.

The AtomFund RVCs main goal is to form geographically scattered and competitive innovation cluster of civil nuclear technologies through commercialization of Russian inventions, investment into foreign companies in perspective projects to provide technologies transfer into Russia, as well as introduction of the Fund of world standards of innovation activity management into Russian portfolio firms.

The Fund start capital is to total $70m and can be then increased to $150m through raising additional finance from institutional and private investors. The Fund duration is ten years, including the five-year investment period. The Fund management is to be carried out by the international management company, selected by the RVC in an open tender.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content


Tags: Russian Venture Company (88) / RVC (172) / Fund Smart System (0) / AtomFund RVC (0) /

Latest News: Central regions
14 Jan '22 | Technology & innovation
14 Jan '22 | Technology & innovation

Feature stories

27 Dec '21
An innovative hybrid plate for cranial defects...
24 Nov '21
Cerebral vascular disorders are responsible for a...
8 Oct '21
Chemists at the St. Petersburg State University...
Search (News archive - 22902)
Technology Scouting Solutions For Industry
Marchmont News

Latest News

18 Jan '22
A scientific team in the West Urals has come up with...
14 Jan '22
A new device, developed by a Russian start-up and...
13 Jan '22
In Rostov-on-Don, scientists have developed novel...

Most read stories from last week

18 Jan '22
A scientific team in the West Urals has come up with...