Venture and seed funds in the nanoindustry
Representatives of 22 largest investment and financial companies in Russia took part in the round table "Venture and seed funds in the Nanoindustry: directions and opportunities for cooperation", organized by the State Corporation "Russian Corporation of Nanotechnology".
During the discussion, various formats of cooperation with private investors were considered, including the creation of early investment funds that will allow businesses, in cooperation with the corporation, to enter projects at a high-risk stage.
During the round table, Leonid Melamed, CEO of Rosnanotech Group, noted: "GC Rosnanotech is a financial instrument of state policy created for the development of nanotechnology. Our task is to eliminate barriers and reduce risks for private business, which is designed to make a major contribution to the formation of the nanoindustry in Russia."
As part of the round table, the Managing Director of Rosnanotech Group Dionis Gordin made a presentation "On the potential of interaction of the State Corporation Russian Corporation of Nanotechnology with Early Investment funds and venture funds for the commercialization of nanoindustry developments". The main focus of the presentation was on the corporation's efforts to attract investment from the venture business. "Today we discussed with our colleagues the issues of developing the most comfortable conditions for co-investors. I am sure this will help us in further joint work," said Dionysus Gordin.
Maxim Shekhovtsov, Director of the alternative investment venture fund Alliance ROSNO, stressed in his speech: "It is advisable to stimulate the creation of venture funds for investing in nanotechnology with state participation and apply the world-established forms of organizing venture funds in the form of LP (Limited Partnership)."
Andrey Morozov, Managing Director of VTB, also made presentations. Asset Management", Andrey Zyuzin, Director of the VTB Venture Project Management Directorate. Asset Management", as well as Artem Yukhin, Vice President of Venture Fund Management at Troika-Dialog.
The participants of the event highly appreciated the initiative of the corporation to bring issues of public-private partnership to an open discussion. According to the speakers, the implementation of the proposed forms of cooperation will bring projects in the field of nanotechnology to the stage of their commercialization and significantly reduce the risks of private investors.
State Corporation "Russian Nanotechnology Corporation" (GC "Rosnanotech") It was established by Federal Law No. 139-FZ on July 19, 2007 for "the implementation of state policy in the field of nanotechnology, the development of innovative infrastructure in the field of nanotechnology, the implementation of projects for the creation of promising nanotechnology and nanoindustry."
The Corporation solves this problem by acting as a co-investor in nanotechnology projects with significant economic or social potential. The financial participation of the corporation at the early stages of projects reduces the risks of its partners – private investors.
The Corporation participates in the creation of nanotechnology infrastructure facilities, such as collective use centers, business incubators and early investment funds. Rosnanotech Group selects priority investment areas based on long-term development forecasts (foresight), the development of which involves leading Russian and world experts.
In 2007, the Government of the Russian Federation allocated 130 billion rubles for the corporation's activities. The General Director of Rosnanotech Group is Leonid Borisovich Melamed.
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03.06.2008