Chelyabinsk, a city of 1.1 million inhabitants just to the east of the Ural mountains, has launched a new “IT Park” to support local tech projects, as reported by RVC last month. Officially launched last month, this 2,200-sq. m.
US companies remain interested in doing business with Russia, head of the Economic Section of the Russian Embassy to the United States Mikhail Kalugin told Sputnik.
The diplomat explained that the United States realized that the potential of the Eurasian Economic Union had just started to gain weight. “Every company that operated in the Russian market repeatedly told us that they are interested in staying and continuing to do business [in Russia],” Kalugin said Monday on the sidelines of the second annual “Doing Business With Eurasian Economic Union” Conference in Washington.
The Skolkovo Foundation managing Russia’s most widely touted Skolkovo innovation hub just outside Moscow, and Alfa-Bank, one of this country’s largest commercial banks, have launched the screening of the best IT solutions for banking among start-u
The Internet Initiatives Development Fund (IIDF, or FRII in Russian), a government-backed fund for Russian Internet start-ups, intends to invest approximately $7.7m in Big Data projects, reported East-West Digital News, the first international inf
Lobachevsky UNN, the largest university in Nizhny Novgorod, in the mid-Volga area, last week launched a big youth innovation festival called InnoFest-2015.UNN is keeping up its new good tradition, as last year the inaugural InnoFest fiesta already
In his speech to this year’s St. Petersberg International Economic Forum, Alibaba’s President Jack Ma highlighted the role of the internet in changing people’s life and encouraged young Russians to start their own business online.
Speaking at an investment panel at the Milken Global Conference in Los Angeles earlier this week, Bonderman, a founding partner of the private equity firm TPG Capital, noted that with the country starved of investment capital, there are now many o