7 Feb '10 | Finance, businessE-mail this story

Bidders await results of Rusnano’s $630m nanocenter program


Bidders await results of Rusnano’s $630m nanocenter program
Oleg Kouzbit, Online News Managing Editor

Rusnano CEO Anatoly Chubais announced last year that by 2015 Russia’s nanoproduct sales would reach $32.8bn. To help encourage promising nanoprojects, Rusnano said it would open an array of nanocenters around the country and organized an open tender last October to encourage individuals and corporations to help create them. With the deadline for proposals coming up fast (Feb. 15), Marchmont asked Evgeny Evdokimov, Rusnano’s Managing Director of Infrastructure Development, and the department’s chief expert, Ilya Pavlov, to explain more about the innovative project.

What’s behind the idea of creating nanocenters?

The idea is to have each nanocenter working together with existing corporations and other institutions—including leading universities. Combining our efforts will help eliminate the problem that exists today with either incomplete or isolated infrastructure. Neither corporations nor universities have enough competence or equipment to ensure the successful transfer of science into an innovation technology and eventually, a marketable product.

With funding from Rusnano, a local nanocenter will be able to provide highly sophisticated special equipment as well as cover the operating costs of a technology transfer center, which will act as the nanocenter’s management company.

We are confident that our tender will result in applications from individuals and organizations that already have space of their own available, so this will save the time and expense of building centers ourselves.

What we plan to have installed in these spaces is quite another matter. That’s why Rusnano expects applicants to offer future nanocenters facilities furnished to certain international standards to get their operation going.

We will be making an exception if an applicant has co-investors ready to fund some construction. However, if a bidder expects Rusnano to approve a project with new construction as a centerpiece, we’ll reject this bid.

What can a tender winner expect?

Rusnano will sign a preliminary investment agreement with each winner. The document will be then elaborated and updated over the next two-to-three months to incorporate best aspects of their applications and tender documentation. Then there will be a final agreement inked, funding released, and operations launched.

How will Rusnano coordinate nanocenter operations? Or are they going to be completely self-directed?

They are, in a sense. The project’s main elements, technology transfer centers, will be registered commercial legal entities (registration as a not-for-profit organization is also possible). They will have enough authority to make lots of independent decisions.

Nonetheless, regardless of its share in project capital Rusnano will require a certain number of seats on the firm’s board of directors, and the right to veto decisions on some issues, such as budgeting, capital expenses, and some others. If our policy disallows certain steps on the part of a grant recipient, we will have a mechanism in place to enforce the policy.

Time for bidding is running out. Has it been enough to let all really worthy applicants get through?

In fact, most of those willing to bid apparently began drafting their applications even prior to the date of the tender announcement. We had held a special seminar to explain the project, which was posted on our website. The issue was in the air long before it was formally aired in October; it’s been known to stakeholders for some six months or so.

But if there are bidders who can’t make the deadline, there is no need to worry: we will have a second round of bidding to try again.

How many nanocenters do you plan to set up?

By and large, the entire $630+m program calls for setting up 15-20 nanocenters. The first tender is not going to pick all of those at once, but rather a select few this time. We need to see how the tender went and if there were any snags. The procedure will be ‘debugged’ upon signing the first set of investment agreements this coming summer, and by the fall a second tender will likely be held.

If the second round doesn’t draw enough fundable bids, there will be a third one later on. The whole process may take up to two-three years. The February 15 deadline is not the end of the road, not by a long shot. It’s only the beginning.


Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK



cfe




COMMENT ON THIS STORY
Name*   E-mail
 
Comments*



 Recent features & updates
Thu 26 Aug

Russia rewards public gusto with another $320m ‘cash-for-clunkers’ program
Fri 20 Aug

Silovye Mashiny announces $330m St. Pete power equipment move
Tue 17 Aug

United Aircraft sets up $100m JV to make hi tech composite wing parts
Wed 11 Aug
Guest Editorial

Can’t live without kickbacks? Let’s formalize them!
Wed 11 Aug

Buzzi Unicem completes its $300m Sverdlovsk expansion
Fri 6 Aug

Knauf puts $132m into St. Pete cardboard, but worries about raw material


Previously published feature stories >>

« Back to homepage

x
Please enter your login details to proceed
E-mail

Password
login
 
Welcome, , you have successfully logged in.

Continue
Incorrect username or password, please try again.

Continue
Login  |  Join!  |  Last update 7 Sep 15:47 Eng | Rus |
Search |»  
 
 News
Conferences
Consulting
Journals
Advisory Board
About us
Next conference: Kazan
attend | program
RSS feeds
Join!
News alerts
Volga
Urals
Siberia
South West
Central regions
Far East
North West
FIND YOUR AREA
Energy, utilities
Materials, extraction
Industry, manufacturing
Technology & innovation
Telecoms, media
Real estate
Retail, FMCG
Transport, logistics
Finance, business
Tourism, recreation
Farming, agriculture




irfr

irfr

web-ready

Supported by:




Professional partners:




Financial market:




Media Partners:




 
 
advert
OPINION POLLS

What do you think stymies the development of international tourism into Russia?

Getting poll results. Please wait...
find related content
Locations:
TAGS
Rusnano (60) / nanoproject (3) / nanoproduct (1) /
More features and comment


Latest Finance, business news
7 Sep '10 | Siberia
Sibir Airline pays off $10.9m bonds
6 Sep '10 | North West
Karelia to get $33m RF aid to finance budget deficit
6 Sep '10 | Volga
VEB to invest $55.5m into three power stations in Bashkiria
3 Sep '10 | Urals
Khanty-Mansiysk District’s $3.4m monitoring system
3 Sep '10 | Far East
Petropavlovsk-Kamchatsky to get $33m RF aid
3 Sep '10 | South West
Volgograd region to get $29m RF aid to fight fire effects
3 Sep '10 | South West
Krasnodar region to spend $54m on Sochi schools
2 Sep '10 | South West
Business-Incubator of the Academy of National Economics to select its first residents
2 Sep '10 | Central regions
Bryansk region’s H1 2010 foreign trade up to $753m
1 Sep '10 | North West
St. Petersburg Bank gets $55m syndicated loan
 
© Marchmont Capital Partners  |  Contact us Top of page ^