Venture Capital The Catalyst For Innovation In Russia
Venture capital funds have nurtured Russia’s national innovation system, said a top official with state-owned Russia Venture Company (RVC).
Russia’s venture market was the fastest-growing market in Europe, and ranked fourth in Europe in Y 2012 in terms of numbers, CEO of RVC, Igor Agamirzian, said in an interview.
Established in Y 2006 by the Russian government, the company serves as an incubator for high-tech startups in the country as well as a channel to the venture capital.
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