Dmitry Medvedev: Skolkovo raised $2.7 bln in investment

Credit: Ekaterina Shtukina | RIAN

Over the past 10 years of the Skolkovo project, the technology hub has been able to raise RUR 130 bln ($1.9 bln) in private investment, while government investment amounted to RUR 56 bln ($800 mio).

Head of the Board of Trustees of the Skolkovo Foundation, Deputy Chairman of the Russian Security Council Dmitry Medvedev cited the figures at a Board of Trustees meeting on June 3, dedicated to the 10th anniversary of the project.

“Our technology complex has become a modern town where it is comfortable and convenient to live and work,” said Dmitry Medvedev.

He emphasized that Skolkovo includes the largest technology park in Europe adding that by the end of 2019, the participating companies’ revenues totalled RUR 100 bln ($1.4 bln) with an average growth rate of 36% over three years.

Skolkovo participants paid a total of RUR 10 bln ($140 mio) in taxes in 2019, and the Skoltech project was ranked with the top 100 young universities around the world.

According to Medvedev, the most rapidly developing part of Skolkovo is Promising Methods of Artificial Intelligence: the companies participating in this segment saw a 127% increase in turnover last year.

Head of the Skolkovo Foundation Arkady Dvorkovich added in his remarks that at the beginning of 2020, the number of participating companies at Skolkovo reached 2,248 (from 1,896 a year earlier), the number of profit-making companies, 1,319, and the number of companies making more than RUR 100 mio a year, 257. The total revenue of the participating companies over the lifetime of the Skolkovo project has reached RUR 400 bln ($5.8 bln).

Dmitry Medvedev was unanimously re-elected as the head of the Board of Trustees of the Skolkovo Foundation.

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