16 Nov 2015

IPI Hosts Delegation from Russia


IPI welcomed a delegation comprising of representatives from Russia’s government agencies, industry partners and universities on 13 October 2015. The business mission was organised by the Russian Venture Company (RVC), the appointed project office to launch and support Russia’s new technological programme, the National Technology Initiative (NTI) in 2015.

The delegation was in Singapore for a week to establish connections with the main players of the Singapore ecosystem; to visit core places with strong competencies in technology transfer, R&D, and innovation infrastructure building; and to get the introduction to the management of technology and science initiatives, both government and industry ones.

A lively question and answer session followed after an introduction on IPI was presented by Dr Sze Tiam-Lin, Director, IPI. The delegation representatives were keen to understand how IPI facilitates technology partnerships between industry and technology. They were also interested in how Russian technology providers could seek research and development collaborations with enterprises in Singapore.

“This visit was very informative and fruitful. It was a great experience to immerse in the ways the strategic planning, R&D framework, technology innovation ecosystem are orchestrated in Singapore,” said Yuri Anisimov, RVC representative in Singapore.

About the Russian Venture Capital (RVC)

RVC (Russian Venture Capital) — is the government fund of funds and the development institute of the Russian Federation, one of the key tools of the state in the national innovation system building. RVC was established in June 7, 2006, with authorised capital — RUB 30 011 320 700 (about US$ 484,05 million) and is 100% owned by the Federal Agency for State Property Management (Rosimuschestvo).

Since 2015, RVC has been defined as a project office for implementation of the National Technology Initiative (NTI) - the long-term strategy of the country's technological development, aimed at the formation of new global markets by 2035.

For more information, visit http://www.rusventure.ru/en/

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