Rusnano to set up a fund in Novosibirsk

The Novosibirsk region together with Rusnano and Nanostart (Germany) is establishing a VC fund aimed at enhancing demand for nano-based innovation products.

According to the 2011-2013 plan, the fund will be launched the 4Q 2011. The plan has already been signed by the region, Rusnano and the Siberian department of the Russian Academy of Sciences.