RVC allocates 10B RUR for the new funds creation this year

RVC allocates 10B RUR for the new funds creation this yearAccording to Igor Agamirzian, the head of Russian Venture Company, it is planned to allocate 10B RUR in 2012 to create new venture capital funds.

In particular, it is planned to create a venture capital fund for energy efficiency and alternative energy, as was also reported by the head of the RVC at a RIA Novosti press conference dedicated to re-branding of the company.

Also, the possibility to open a RVC branch in Southeast Asia was also discussed. We think about it, but have no specific plans (so far). As Alexander Potapov the CEO of the Company and Deputy Director said

According to him, it could be the establishment of RVC representative offices in China in addition to the existing two in the U.S.A. (in Silicon Valley and Boston).