Nanocenters to support more than 200 startups before the year end

Nanotech centers, created under the Russian nanoindustry development programme, will fund more than 200 startup companies by the end of this year, the head of Rusnano Anatoly Chubais reported during a roundtable in the State Duma.

The revenue of nanocenters totaled 365M RUR in 2012. The Boards of Nanocenters have approved 48 new tech companies for funding, and, as planned, more than 200 startups will receive money by the end of 2013.

The main objective of nanotech centers is the development of institutions for the commercialization of research results. The centers provide tech equipment and competences for the incubation of small innovative companies (marketing, management and information support) at one place.

Russia has 12 nanotech centers in Moscow, Zelenograd, Dubna, Troitsk, Kazan, Novosibirsk, Tomsk, Ulyanovsk, Saransk, St. Petersburg, Stavropol Region, Yekaterinburg.