Investors are ready to invest 20B RUR in Skolkovo projects

Venture capital funds that invest in Skolkovo plan to invest 20B RUR in the Fund’s projects, as said by the head of the Russian presidential administration Sergey Ivanov at a meeting with the key partners of the fund.

There are 57 venture capital funds among the Skolkovo Fund’s investors, and 21 of them are foreign venture funds. I think it is a good number, especially given the fact that the amount they are going to invest in Skolkovo projects is more than 20B RUR - Ivanov says.

According to Interfax, the Skolkovo project that launched three years ago has received comprehensive support of the Russian Federation Government. And we still do take the project seriously, - the head of the administration assures.

Ivanov said that Skolkovo has about one thousand high-tech resident companies. And the most important thing, perhaps, is that about 30 largest companies with world-known brands have registered and been operating in Skolkovo, producing intellectual, scientific and research products, - he adds.

The meeting was attended by the President of the Skolkovo Foundation Viktor Vekselberg, the co-chair of the Skolkovo Foundation Council Craig Barrett, the chairman of Cisco John Chambers, the chairman of Siemens AG Peter Loescher, the president of the Massachusetts Institute of Technology Rafael Reif, the president of software products and services at Intel William Savage, the president of Schneider Electric Jean-Pascal Tricoire, chairman of the group of companies Johnson&Johnson Paul Shtofels, senior vice president of sales and distribution of IBM Bruno Di Leo, co-chairman of the Board of Directors of SAP Jim Hagemann Snabe.