Moscow Government, RVC and ASI sign a cooperation agreement to implement NTI

Moscow will be one of the weight-bearing regions to implement National Technological Initiative, a long-term program to create new markets and ensure global leadership of Russia in technology by 2035. The relevant agreement was signed at the St. Petersburg International Economic Forum by Moscow Mayor Sergei SobyaninRVC General Director Alexander Povalko and Svetlana Chupsheva, General Director at the Agency for Strategic Initiatives.

The three-party agreement between Moscow, RVC and ASI provides for comprehensive support for the projects of the National Technological Initiative implemented in the capital city, as well as involvement of Moscow companies in the NTI ecosystem.

Moscow will become a platform to pilot-test latest technologies which developed under NTI program and aimed at improving the urban environment and improving quality of life. The companies participating in NTI will be given an opportunity to use facilities of Moscow’s innovative infrastructure- technology parks, research centers, business incubators, production sites. Moreover, they will be assisted in placing their products and research facilities in Moscow and exporting their products to foreign markets.

The agreement also stipulates that Moscow should develop human resources potential in line with the needs of NTI companies, including neurotechnologies, unmanned vehicles, robotics, biotechnology, big data and machine training, etc.

‘Most of NTI’s companies are closely connected with Moscow, its infrastructure, science-and- technology base, economic opportunities. Moscow has a huge potential for implementing large-scale innovation projects. Our task is to effectively use common opportunities to develop new NTI markets and create competitive technologies. We hope that the first pilot NTI projects will be tested in Moscow already this year,’ said Alexander Povalko, the CEO of the RVC.

‘The needs and demands of high-tech businesses are constantly growing, and one needs to respond quickly. This is the only way we can ensure a technology breakthrough. The today's agreement will allow us to continue on a larger scale what that Moscow has already been doing in terms of infrastructure and resource support for innovative companies,’ added Svetlana Chupsheva, ASI Director General.

In April 2018, during the business meeting between Sergei Sobyanin and Vladimir Putin it was suggested to create a research and production cluster in Moscow. Its goal is to consolidate scientific and production capabilities and combine various facilities of urban innovation infrastructure. The project implementation should contribute to a faster development of Moscow’s technology capacity.


About National Technological Initiative

The National Technological Initiative is a long-term comprehensive program to ensure that in the next 15-20 years Russian companies will take the lead in new high-tech markets. NTI is meant to be a broad coalition, consisting of groups of like-minded people from technology companies, of leading universities and research centers, major business associations of Russia, development institutions, expert and professional communities, interested executive bodies. Currently, there are 12 working groups that are developing road maps for nine promising markets and three cross-market directions.

About RVC

RVC JSC is a governmental fund of funds, the Institute of Development of the Russia's venture investment industry. The main objectives of RVC JSC: promote creation of Russia's own venture capital industry and execute functions of the Project Office of the National Technology Initiative (NTI). The authorized capital of RVC JSC is more than 30 billion roubles. One hundred per cent of the RVC capital is owned by the Russian Federation represented by the Federal Agency for Management of State Property of the Russian Federation (Rosimushchestvo). The total number of funds formed by RVC JSC has reached 26, their total size is 35.7 billion roubles. The share of RVC JSC is 22.7 billion rubles. The number of innovative companies approved for investment by RVC funds has reached 223. The total amount of monetary funds approved for investment is 18.2 billion roubles.