Skolkovo hits major milestone

Skolkovo hits major milestone

Comment: Hi Tech exporters could benefit by exploiting Russia’s dedicated technology hub.

Russia’s Innovation Hub passes 500 company participant

In February 2010, President Dmitry Medvedev unveiled an initiative to establish a hub for high-technology research and business in Skolkovo, designed to spur innovation in Russia. President Medvedev called this project “A kind of prototype city of the future, which should become a major testing ground for new economic policy.”

Two years on and his vision has been realised and the 3.7 km2 plot of land close to the Moscow Ring Road now houses up to 30,000 people.  The building project has produced Science research facilities, as well as graduate schools, laboratories, offices, kindergartens, schools and hospitals.  It is also close to the Moscow School of Management founded by both Russian and foreign companies.

Today at the country’s largest economic forum, the St. Petersburg International Economic Forum (SPIEF), Skolkovo granted participant status to its 500th company, the Israeli company Parasight, which will research technology to significantly improve the quality and speed of diagnosing complex diseases.

Skolkovo aims to bring together a wealth of international intellectual capital in one place and once established, these project partners are provided with the infrastructure they need for development by the Skolkovo Foundation.

Within the Skolkovo project, five clusters have been created, each one developing innovative projects. These focus on information technology, biomedical, energy efficiency, nuclear and space technologies clusters.



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