Russian Venture Company

[3] In 2015, RVC was assigned the role of the National technology Initiative (NTI) project office – a long term complex program designed to create conditions to ensure leadership of the Russian companies on the new high technology markets which will determine the structure of the global economy in the next 15–20 years.

[9] Starting 2016, RVC fulfils functions of the NTI project office (Order of the Government of the Russian Federation dated April 18, 2016) No.

The Investment activity of RVC is aimed at increasing the supply of venture capital through the creation of new funds jointly with its partners: private, institutional and foreign investors, as well as large corporations.

[16] In order to implement the mission, RVC facilitates technology transfer, launches acceleration events and educational programs, promotes the innovation activity and develops entrepreneurship communities.

According to the strategy, by 2030, the volume of deals on the national venture capital market should reach 410 billion RUB, which is 29 times greater than in 2017.

It is held from 2013 with the support of the Russian corporations, development institutions, venture infr astructure representatives.

Start-ups monitoring from 2013 to 2017 demonstrated that total volume of investments in the graduates reached 2.4 billion RUB.

This is a global discussion venue designed to demonstrate results, achievements, exchange of experience between the scientific community, business and authorities.

[27] National rating of the fast-growing high-tech companies "TechUp[28]"[29] was organized by RVC in partnership with the Association of Innovative Regions of Russia (AIRR) in 2012 with support of Rosnano and FASIE.

Lomonosov License agreement with RVC on inclusion of the course "Innovation economy and technological entrepreneurship" in the training program 2018-2019 were signed by 34 Russian universities from 25 regions.

The documents include step-by-step measures aimed at elimination of the regulatory barriers for NTI markets development.

[65] NTI Olympiad is an annual team engineering competition between the scholars of 7-11 grades that provide privileges on entering universities.

[75] The first tasks of the Russian contests were creation of the unmanned vehicle operating in the difficult weather conditions - "Winter city"[76][77] and creation of the hydrogen fuel cell element for unmanned aircraft and motor cars - "First Element.

[79] State support of NTI CC is provided under the order of the Government of the Russian Federation dated October 16, 2017.

[80] In 2018, the process of creation of the NTI infrastructure centres[81] for Technet, Autonet, Aeronet, Energynet, Healthnet, Neuronet and Circle movement is complete.

The centres join representatives of the business community for development of the new markets and provision of the expert and analytic services to their participants.

RVC in partnership with PwC launched the "Export Accelerator" of the National Technology Initiative (NTI).

The program is aimed at development of the export done by the Russian technological companies that work on NTI markets.

In 2018, Technical committee "Cyber-physical systems" created on the base of RVC together with the market players initiated more than 30 national standards in the field of "cross platform technologies" including projects to the benefit of NTI Energynet,[84] Technet and Safenet.

[88] At the end of the year, the number of participants of TC "Cyber-physical systems" and its task forces included more than 80 organizations.

[89] In December 2018, in Sochi, RVC for the first time held the forum "Ecosystem NTI: Strategy for the Future" that joined about 500 participants of the National Technology Initiative community to summarize the year, work over the new initiatives and coordinate joint plans for 2019-2020.