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RUSSIA IS OPEN FOR INNOVATIONS

Russian Government has supported 13 thousand innovational projects in 2007-2013, total amount of investments – 700 bln.RUB.

 

The Prime Minister marked that government investments in innovations have increased for the last years, accordingly to the strategies of innovational development by 2020. There is an infrastructure to support innovations – it is comparable to systems, which exist in other countries. Development institutes have started to operate, such as VneshEconomBank, Russian Venture Company, Rosnano, Skolkovo Fund, etc.

 

The Prime Minister also said that the government wants to increase innovational potential of largest government companies.