Kendrick D. White (48), has extensive venture capital fund management experience as well as corporate finance consulting and direct executive management experience, accumulated during his 19 years of full time work in Russia. In 2005, Mr. White founded Marchmont Capital Partners, LLC, an investment advisory firm focused on VC and PE finance raising in various innovation sectors. This US registered enterprise is based in Nizhny Novgorod and has developed a wide network of consulting partnerships in key cities across the RF. In 2007, Mr. White created the Marchmont Media division which published the Marchmont Investment Guide to Russia journal and currently operates the www.Marchmontnews.com website which covers regional investment news for finance professionals. Since 2008, Marchmont has been responsible for organizing the “Business Leaders Investment Forum”, a monthly event held in key regional capital cities across the RF. This event brings together scientific innovators, business owners, investors and political leaders – together with a wide range of expert speakers from Moscow and abroad - with the aim of promoting regional manufacturing investments into modernization. Marchmont’s General Partner for the 2010 program “Innovation for Business” is the Russian Venture Company, (RVC), and Official Sponsors include; RUSNANO, UBS Bank, the US Russia Center for Entrepreneurship, Hellevig, Klein & Usov, LLC, and others. Mr. White is an expert in the field of early stage innovation project commercialization and was appointed in 2006 as one of the five private sector members of the US Russia Innovation Council on High Technologies, (ICHT), a Presidential Commission focused on developing policy proposals for the Russian government aimed at promoting Russia’s innovation economy and improving commercial business ties between the US and Russia technology sectors. Mr. White is also a member of the Independent Directors Association, (IDA), and Marchmont also holds membership in the US Russia Business Council (USRBC), the Russo British Chamber of Commerce, (RBCC) as well as many other regional Trade Associations. From 1998 to 2005, Mr. White was Director of the Quadriga Central Russia Regional Venture Fund (CR RVF), a USD $50.0 million private equity fund financed by the EBRD and the German KfW. He oversaw the implementation of numerous successful investment projects during this time, including Nizhpharm, now part of the STADA Group, Bridgetown Foods, a top FMCG snack food producer, and Multiflex, the leading flexible packaging producer in Russia. Other co-investments made by the CR RVF included; ROC, ERA Trading, Speech Technology, Pekar and Morion electronics. Between 1995 and 1998, Mr. White worked in the Corporate Finance Division of Price Waterhouse Coopers, where he was specifically seconded as a Senior Advisor to the Russian Privatization Center (RPC) and its Volga Vyatsky branch division in Nizhny Novgorod. Mr. White was responsible for training 22 Russian consultants in three provincial regions of Central Russia on the development of a self sustainable investment advisory center for SME businesses seeking market expansion and growth capital. Between 1992 and 1995, Mr. White worked as an advisor to the Nizhny Novgorod Oblast Administration and the “EPI center” think tank, where he focused his efforts on developing post privatization SME development programs, and establishing one of Russia’s first training centers dedicated to emerging entrepreneurs. This work resulting in numerous new company formations and helped to establish the region as a leader in Russia’s reform process and conversion from a command to a market driven economy. Prior to arriving in Russia, Mr. White worked from 1985 to 1992 at ABN/Amro - LaSalle Bank, in Chicago, IL, in various management positions in Strategic Planning, Cash Mgt and M&A. Mr. White holds an MBA in Finance & Int’l Business from the Kellogg Graduate School of Management (1990), Northwestern University, Evanston, IL, and a BA degree in International Economics from Stetson University (1985), DeLand, FL. Mr. White lived full time in the city of Nizhny Novgorod and is married with two children.

Born in Astrakhan city on 07.02.1955 Education: Graduated from Astrakhan Fish Industry Institute; Engineer-Technologist; Additional Course at Moscow State University named after M. Lomonosov, Geographic Faculty, Expert Ecologist; Post Graduate Study at Astrakhan Fish Industry Institute; Candidate of economic sciences Work Experience: Junior Research Scientist of “The Caspian Fisheries Research Institute”; Ingosstrakh OSAO Branch Director, Astrakhan-Volgograd ; “Fire Protection” Fund, Director; General Director, Founder of Insurance Broker “Norma”; General Director, Founder of Insurance Broker LLC “Strakhovoy Center” Public Activity: Chairman of Astrakhan Regional Branch of All-Russia Public organization “Delovaya Rissiaya”; BoD member of Astrakhan Regional Branch of “RF Association of Law Bodies Employees”; member of Russian Academy of Business& Entrepreneurship; Co-chairman of Public-Consultative Council at FAS Administration of Astrakhan Region; member of Public Council under Public Prosecution Office of Astrakhan Region; member of Public Council on Entrepreneurship under the auspices of the Astrakhan Region Governor

Oleg Lysak was graduated from Geographical Department of Lomonosov Moscow State University with a Specialization in Economic Geography. The area of his scientific interests is the development of innovation infrastructure in Russia. Before Rusnano Lysak Oleg worked in a private consulting company which was specialized on the regional and municipal socio-economic strategies and the integrated investment projects based on the public-private partnership. Oleg Lysak managed investment projects structuring in Eastern Yakutia, Magadan region and development of the harbour-industrial complex management system in Leningradsky region. In accordance with the developed projects more than 30 bln rubles will be attracted to the regional economies to industrial and infrastructure development. In Rusnano Oleg Lysak is involved in the development and implementation of the Rusnano Nanotechnological centers Concept including organization and carrying out tenders procedures.

Since January 2009 Evgeny Savin has been a manager of the UNOVA.RU Internet project: news of the innovation and venture market. Mr Savin has an extensive experience of work for Russian print media and television companies. Between 2006 and 2007 he set up and managed the Internet service at publishing house Arguments and Facts. In 2007-2008 he was a publisher of regional projects of SUP Fabrik (development and promotion of the Livejournal project in Ukraine). He created iCamp, the largest informal conference in Russia. Director of DATIGRA as of September 2008, he set up a startup section at the Innovation Convention (www.iConvention.ru) Evgeny Savin studied journalism at Lomonosov Moscow State University.

1991 graduated from Astrakhan State Polytechnical Institute; History & Soviet Legislation teacher. 1999 Cand. Sc., History; Topic of Thesis: “Public Organisation in Povolzhie on the Edge of ХIХ-ХХ Centuries”. 1991 – present time Lecturer on Russian History, Astrakhan State University. 2000-2004 Chief Editor, “Gorozhnin” Astrakhan Municipal Newspaper. 2004-2005 First Deputy Chairman, Science & Education Committee, Astrakhan. 2005 – present time Deputy Minister, Astrakhan Region Education & Science Ministry.

Vitaly Lazorin is the founder and CEO of Centre for Promotion of Innovative Technologies “NovStream-Constructive Solutions”. NovStream works with academic researchers and inventors on commercialization of intellectual property, provides feasibility study and project facilitation services to investors and businesses pursuing innovative projects. NovStream provides consulting services to the Technoangel I microfinance investment fund and .is a full member of the European Ventured Capital Association. Vitaly Lazorin started his professional career in an international auditing and consulting firm PricewaterhouseCoopers and then worked in the finance and investment business (Lower Volga Regional Venture Fund of the EBRD, Russia Partners, The Carlyle Group) focusing on portfolio financial controlling function and pursuing investment opportunities in high-tech industries. Vitaly Lazorin is the chief editor of the Russian edition of Technology Forecast, a quarterly publication of the Center for Technology and Innovation of PricewaterhouseCoopers. He is a regular speaker at Business Leaders Investments Forums “Innovation for Business” organized by MARCHMONT Capital Partners. Vitaly Lazorin is a Chartered Certified Accountant, holds a degree in foreign economic relations from the Moscow State Institute of International Relations.

Education: Graduated from South-Russian Humanitarian Institute; psychologist FFMS Diploma, Qualified as Securities Market Specialist Experience: 2004 – present entrepreneur 2007 Director, Astrakhan Representative Office of 1st National Pension Fund 2008 Director, “Caspian Capital – Yug” Financial Company

Business experience: The Russian Venture Company From February 2010 – till present. Head of the division responsible for networking/relationship development with the Government institutions (GR) ELSEVIER B.V., Amsterdam, The Netherlands (part of Reed Elsevier) From January 2006 – till February 2010 Regional Director Russia within EMEA Sales & Marketing department of the international publishing house Reed Elsevier based in Moscow From November 2002 – Account Manager (marketing & sales) for Russia and CIS of the publishing house Reed Elsevier based in Moscow The Russian Development Bank, Moscow 2001-2002 – Head of the market analysis service with the aim to supply the customers of the bank as well as the Department of the treasury with market research & analysis information on a daily basis, as well as risks analysis of the correspondent banks. The Russian Government office, Moscow 2000-2001- Deputy director of the Financial department with a wide range of responsibilities related to supervision of the Russian ministry of finance and the Russian ministry of taxation The Russian ministry for finance, Moscow 1998-2000 – Deputy director of the economic policy and banking supervision department: broad range of duties related to macroeconomic support of the federal budget development as well as the reform of the Russian banking system (participation in the laws preparation and discussions at the Russian Parliament in cooperation with the Central Bank of Russia as well as with the IMF’ and World bank’ experts during this process). The Export-Import bank of Russia, Moscow 1994-1998 Deputy director of the economic Department responsible for the activity planning and business development, as well as for establishing contacts to the representatives of the IFC, The World Bank as well as the International Union of Credit and Investment insurers („The Berne Union“) and various national Export credit and insurance agencies (US Exim, HERMES, COFACE, NCM). Later head of the correspondent banking Division of the bank. The Russian ministry for finance, Moscow 1990-1994 Since my first job as hard currency specialist at the ministry I have been promoted several times and finally reached the position of deputy head of the Department „External loans and debts of the Russian Federation”, where I dealt mainly with issues of rescheduling the external debts of the USSR and Russia to the Paris and London creditor clubs in bilateral and multilateral negotiations.

Chairman of the Management Board of National Factoring Company President of The East European Factoring Association (EEFA) Member of IFG`s board of directors Chairman of IFG Born in 1971 Michael Treivish graduated from Moscow State Aviation Institute, Department of Applied Mathematics, and Central Economico-Mathematical Institute, RAS. From February 1999 Mr Treivish worked at Incorporate Bank Investment and Banking Group NIKoil. In June 2001 he became President of The East European Factoring Association (EEFA). In August 2002 he was appointed the CEO of Incorporate Bank. n April 2004 Mr Treivish was appointed Chairman of the Management Board of National Factoring Company UralsibNIKoil, the first specialised factoring company in Russia. Since October 2004 Mr Treivish is a member of the board of directors of the oldest international factoring association International Factors Group (IFG) as well as President of the East European Division of IFG. As of June 2007 he was Vice-Chairman of IFG`s board of directors. In June 2008 Mr Treivish was appointed Chairman of IFG. Mr Treivish can be considered one of the pioners in Russia`s factoring business. He is the author of over 30 books and publications. Mr Treivish has participated as a speaker in many international conferences and seminars.

Higher Education, Astrakhan State University, 1996, Physics & Mathematics, Cand. Sc. Phys. & Math. Dean, Physics Faculty Astrakhan State Technical University (2001-2002) Head of Science and Innovation Activities Department (Industry Transportation, Communications, Science and Technologies Department of Astrakhan Regional Administration (2005 - 2009) Science Department Head, Astrakhan State Technical University (2009 till present) Organized and participated in many competitions (innovations projects, scientific projects etc.)

Education: International Law Institute at the Ministry of Justice of Russia, a lawyer. Since 2005 Igor has been operating in the field of intellectual rights (copyright, copyrighting), innovation law (IT law), has wide experience in the field of event-design and event management. Today MMG is a leading consulting company on a territory of the Southern Federal District and the leading player on a market of planning organizations and experts consulting.

Education: 1996 graduated from Astrakhan State Pedagogical Institute, speciality: mathematics & IT Experience: 1996 - 2000 Engineer-programmer, Group of Companies “Pilot” 2001 - 2002 Engineer-programmer, ООО “Gazprom” 2002 - 2004 Head, Implementation department, ООО “Edigo” 2004 – present General Director, ООО “Agent Plus”

2002 Reconstruction work of central part of iconostatsis under Alexey supervision is carried out (church of Saint Knyaz Vladimir equal to the apostles). After this work completion he was invited to participate in iconostasis decoration in Church of Christ-Savior in regional center Krasny Yar and develop and make carved iconostasis for Smolensk Madonna Church in Kamyzyak town 2006 Participation of creative team of Alexey Bulychev in all regional exhibitions, including Moscow & St. Petersburg. Bulychev creative workshop team developed and manufactured original collection of decorative panels for Astrakhan city 2007 Alexey Bulychev is accepted into Russia’s Designers’ Union 2008 Regional public organization “Designers’ Union of Astrakhan Region” is created with Alexey’s direct participation May 2008 Set of souvenirs and replica of golden collection was manufactured for the Exhibition “the Sarmatians Gold” Alexey’s works are very organic and delight the eye with perfect performance