Startup nation 2012 skolkovo

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Transcript of Startup nation 2012 skolkovo

Page 1: Startup nation 2012   skolkovo
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What is ?

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Skolkovo is a government-endorsed project for stimulating

innovation in Russia, using Russian and foreign private

money

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The Russian Silicon Valley

• An Investment Fund• Business School• Institute of Science and Technology

(SkyTech)• A whole city (in construction)

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High-Profile Industry Partners

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The Clusters

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Investments by Cluster

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• Approved Grants: RUR 5.1B = $170M• Paid Out: RUR 2B = $65M

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Very Serious Money

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What is Israel SK

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A unique project to promote cooperation between Israel

and Russia

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IsraelSK was founded in 2011 by Ariel – University R&D Company, Tech Transfer Company of the Ariel University Center in conjunction with MartalConsulting LLC, both companies with extensive experience in technology development in both Russia and Israel.

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Who We Are

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Ariel – MatiMop – Skolkovo negotiation start Jan 2011

IsraelSk History Steps

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Skolkovo President visit to Israel Summer 2011

IsraelSk History Steps

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Ariel – Skolkovo agreement signed August 2011

IsraelSk History Steps

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What We DoScreening projects to

find what suits Skolkovo

Selection 1-3 projects a

monthSubmission

Evaluation and preparation of startups, finding partners, consulting

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The Process

IsraelSK screens potential

participants

The project is submitted for

expertise

A team of independent

experts give their opinion

Investment committee makes

the decisionWork Starts

Estimated time – 6-8 months

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First bricks

IsraelSk History Steps

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Very Serious Help

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What is…

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How Skolkovo Invests

$1M on top of $300Kor

$5M on top of $5M

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Investment Criteria

Innovation Market Potential

Team Intellectual Property

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Founders do not have to speak Russian

The project does not have to address the Russian market

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The Conditions

Money Must be spent in Russia

Not this

way

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The Structure

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New: Mini Grants

$150K• Simpler procedure• Faster Decision-Making• Estimated time – 2 months

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Very Serious Opportunity

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Learn more: http://www.sk.ruhttp://israelsk.com

Contact:

[email protected]