Unscrupulous innovators will be given a deadline
Skolkovo has compiled a blacklist
Taras Fomchenkov, Rossiyskaya Gazeta, 10/15/2012
The Skolkovo Foundation intends to improve its base of unscrupulous innovators who spend the money raised for their own needs instead of developing innovative products.
A list of such companies has already been created, Alexander Lupachev, Investment director of the Skolkovo Foundation, told RG.
"He has been working since April 2012, from the moment when the Supervisory Board of the foundation adopted the Regulations on grants. It already mentions the register of unscrupulous grant recipients. Now we are working on improving the mechanism for evaluating their activities and will gradually extend it to all companies that work with the fund," the expert informed.
The criteria for getting into this list are quite simple and, as they say, lie on the surface. "If we do not receive a report on the use of grant funds, or we see that the allocated funds have not been fully implemented, or there is an inappropriate expenditure of funds, then the company certainly becomes an unscrupulous innovator," Lupachev listed them.
At the same time, it is enough to make a mistake just once. Despite the fact that there is no final decision on how long a particular company can be on the list of "unscrupulous innovators", there is a debate on this issue, which calls different numbers from 5 to 15 years, the fund's investment director said.
"Most tend to limit the company's stay on the list to 10 years. At the same time, the term for granting the status of "Skolkovo Participant" is just 10 years, so if any company makes a mistake with the reporting and uses the allocated money in an inappropriate way in the first year of having such a status, then all the remaining 10 years of work with Skolkovo will be banned for it," Lupachev summed up.
It is worth noting that the control over the expenditure of funds on grants is really necessary for the Fund. As Lupachev himself stated some time ago, it is planned to attract investments totaling up to a billion dollars by 2020.
To date, accreditation agreements have been signed with 45 venture funds, including 17 foreign and 28 Russian, and by that time there will be about 100 of them. Therefore, the issue of monitoring their intended use is very acute.
Portal "Eternal youth" http://vechnayamolodost.ru16.10.2012