Number of digital startups is growing in Russia

Skolkovo houses more than 200 startups in the digital industry, Vice-President of the Skolkovo Foundation Alexei Belyakov said at the national congress Modernization of Russian Industry: Development Priorities.

“Startups associated with the digital transformation of industry are of great importance for the economy. Skolkovo provides all-out support to such projects today. We have an entire cluster supporting new technologies. More than 200 projects contributing to the digitalization of industry are located in Skolkovo. Over the past year, their number has grown by 20%,” Belyakov said.

According to him, a venture fund operating in Skolkovo is able to support projects at any stage – from concept to implementation.

“Our corporate accelerator is another tool to support startups. Established 1.5 years ago, it is very much in demand today,” the Skolkovo Vice-President noted.

“The Skolkovo Foundation organized a competition of innovative projects in digital and industrial technologies with S7 airline. We selected 600 projects for S7. Some of them will qualify for investment support,” Belyakov added.

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