Global Innovation Partnership
On October 11, the Forum "Global Innovation Partnership" began its work in Moscow. A delegation of prominent representatives of venture investment circles and innovative companies from Silicon Valley (USA) arrived to participate in it. The delegation is headed by the Governor of California Arnold Schwarzenegger (Arnold Schwarzenegger).
Among the participants of the delegation:
• Craig Barrett – Co-Chairman of the Board of the Skolkovo Foundation, Chairman of the Board of Directors of Intel Corporation from 2005 to 2009.;
• Jeffrey O. Henley, Chairman of the Board of Directors of Oracle Corporation;
• Dan'l Lewin, Microsoft Vice President of Strategic Development;
• Carlo d'acapo Biondo, managing Google's business in Southern and Eastern Europe, the Middle East and Africa;
• Dick Kramlich, General Partner and Co-Founder of New Enterprise Associates (NEA);
• Deven Parekh, Managing Director and Partner at Insight Venture Partners;
• Franklin "Pitch" Johnson, pioneer of venture capital investment in the USA, founding partner of Asset Management Company, co-founder of Draper and Johnson Investment Company;
• Dixon Doll, Co-founder and General Partner of DCM;
• Donald Dixon, Senior Managing Director of Trident Capital;
• Mark Gorenberg, Managing Director of Hummer Winblad Venture Partners;
• Lorraine Hariton, Special Representative of the US State Department for Commercial and Business Issues;
• other prominent representatives of the American business community.
A delegation of California businessmen and investors will visit Moscow and Kazan. Among the organizers of the forum are RUSNANO, the Russian Venture Company, the Skolkovo Foundation ("Foundation for the Development of the Center for the Development and Commercialization of New Technologies"), Global Technology Symposium, Silicon Valley Bank, the Investment and Venture Fund of the Republic of Tatarstan. The purpose of the forum is to use the experience of innovative entrepreneurs and venture funds of Silicon Valley to create global companies based on high–tech ideas.
"Russia is a very valuable and important partner for California. Our cooperation is aimed at developing the economy of both California and Russia. I am sure that during the Forum you will be simply shocked by the achievements of California and what we can offer you. Well, we, in turn, expect equally amazing proposals from Russia," Arnold Schwarzenegger believes.
"Russia has made a firm choice in favor of innovative development. In close working contact with the world's leading venture funds and high–tech entrepreneurs, our country is ready to create a new success story - the Russian one. And the high–tech companies of Silicon Valley, one of the world's innovation centers, are a worthy example for the younger generation of Russian scientists and businessmen," said Russian Education Minister Andrei Fursenko.
"Working meetings of representatives of the investment and business communities of the USA and Russia are becoming a tradition (this event is the third in the last six months). This clearly illustrates the mutual interest of our countries in cooperation in the field of innovative development. The first practical results of cooperation are evident: joint high-tech projects are being implemented, new international investment funds are being created. I am confident that by combining financial resources and human potential, we will be able to launch an innovative economy mechanism in Russia, effectively realize the technological and market potential of high technologies," said Anatoly Chubais, CEO of RUSNANO.
"There are almost no experienced, reliable and globally recognized companies successfully operating in the venture capital market on a global scale in Russia today. They have yet to be created, they need to grow their staff, conduct successful transactions at least at the local level and, finally, enter the world market both with investments and with their portfolio companies," said Igor Agamirzyan, CEO of Russian Venture Company OJSC. – "Therefore, Russian innovative companies and funds should have direct access to the latest tools and practices of venture investment. At the same time, it is necessary that international funds and companies see Russian market participants as partners with a reputation as reliable professionals."
Forum Program:
October 11 (Moscow)
– Meeting of the Delegation participants with the Minister of Education of Russia Andrey Fursenko and the Minister of Economic Development of Russia Elvira Nabiullina. It is planned to discuss investments in education in Russia and the role of Russia in the global innovation economy.
– Meetings of the President of the Russian Federation D.A. Medvedev with the Governor of California A. Schwarzenegger and a multilateral meeting of the Russian President with members of the Delegation and with Russian entrepreneurs are planned.
– Familiarization with the Moscow School of Management "Skolkovo". There will be a presentation of the Skolkovo Innovation Center for the members of the Delegation.
October 12 (Moscow)
On this day, the guests will visit the existing development institutes – RUSNANO and RVC – and discuss their practical experience and long-term development plans.
During the visit to the RUSNANO office, the Delegation members will present a number of their investment projects, get acquainted with RUSNANO projects, and also discuss the possibilities of technological partnership through joint implementation of projects, features of structuring transactions, issues of infrastructure development in the field of nanotechnology in Russia. At the same time, the Delegation members will talk about technological trends in the fields of clean tech, energy and biotechnology.
The event, organized by the Russian Venture Company, will discuss the prospects for the development of the Russian venture capital industry (participants are Russian venture funds and startups). Delegates and their Russian colleagues will discuss the experience of investing in Russia, opportunities and barriers. There will be three large meetings of the Delegation with representatives of the Russian venture business and with Russian innovative entrepreneurs.
On October 12, at 19.00, a public lecture by Franklin "Pitch" Johnson "Society and Entrepreneur: How to build a Global business in Russia" will be held in the Large Auditorium of the Polytechnic Museum.
Members of the American delegation will hold a series of individual meetings with representatives of Russian venture funds and businessmen. It is assumed that specific joint projects can be discussed during these meetings.
October 13 (Kazan, Tatarstan)
It is planned to visit Kazan, where the Investment and Venture Fund of the Republic of Tatarstan will hold a presentation of Tatarstan's potential, opportunities and investment attractiveness of the republic - an advanced region with a developing economy and a progressive leader who supports innovative business. American investors will be able to get acquainted with the innovative infrastructure of Tatarstan, as well as with the experience of leading companies – international resident companies that successfully operate and develop on the territory of the Republic. There will be a presentation of promising start-ups. The Delegation will meet with the President of the Republic of Tatarstan Rustam Minnikhanov.
For more information, please visit the website of the Global Innovation Partnership Forum.
Portal "Eternal youth" http://vechnayamolodost.ru according to the materials of the RUSNANO press service
11.10.2010