As Boris Ivlev, the executive director of the Novosibirsk Region Venture Capital Development Fund stated, experts will select no more than 50 innovative companies to participate in the VI Siberian Venture Fair, which will be held on June 15 at the Novosibirsk Expocentre Exhibition Complex. This is due to the fact that the organizers want to provide only the best projects for presentation to potential investors.
In addition, there is an increase of the cost to organize the event because of its move to Novosibirsk Expocentre open in January this year.
Special requirements will be put forward to the people willing to show their developments at the Fair: the company and project being innovative, the existence of intellectual property protection, the level of preparedness to participate in such events. In addition to all, a training course to make the most effective presentation will be carried out for the selected companies.
In anticipation of VI Siberian Venture Fair coaching for members of small innovative companies will be held. The first one will be held in the small hall of the regional government on April 10.
It's basically the philosophy of venture entrepreneurship. Our main task is to learn to speak the investor language and defend their position, - RIA Novosti quoted Ivlev.
The second coaching will be conducted on May 15 by the Russian association of direct and venture investment specialists. The third will be held on June 14 in Novosibirsk Expocentre.