Regional Venture Capital Funds
In early 2013, Russia has 22 regional venture capital funds investing money in small businesses operating in the science and technical sector and set up in 2006-2013 by the Ministry of Economic Development and Trade of the Russian Federation together with the regional administration with the total funding of RUR 8.9 billion. RVC is part of supervisory board of such funds.
From January 2010, all projects seeking investments from regional venture capital funds in small businesses operating in the science and technical sector must undergo an expert examination in RVC. The decision to engage RVC in such additional expert examination of projects proposed by regional venture capital funds was made by the Ministry of Economic Development and Trade in late 2009 for the purposes of increasing professional control over procedures applied by the management companies of the regional funds to select investment projects.
|
№ |
Fund Name |
Management Company |
Fund amount,
|
Established in |
|---|---|---|---|---|
|
Regional Venture Capital Investment Fund in Small Business operating in the sphere of science and technology | ||||
|
1 |
cities of Moscow (Second) |
VTB Asset Management |
800 |
2008 |
|
2 |
Voronezh Region |
Savings and Investments |
280 |
2009 |
|
3 |
Kaluga Region |
Savings and Investmentsи |
280 |
2010 |
|
4 |
Krasnodar Region |
Savings and Investments |
800 |
2009 |
|
5 |
Krasnoyarsk Region |
Troyka Venture Capital |
120 |
2006 |
|
6 |
Moscow Region |
Troyka Venture Capital |
284 |
2007 |
|
7 |
Nizhny Novgorod Region |
VTB Asset Management |
280 |
2007 |
|
8 |
Novosibirsk Region |
NIOKR Capital Partners |
400 |
2009 |
|
9 |
Perm Krai |
Alliance Investments |
200 |
2006 |
|
10 |
Republic of Bashkortostan |
Savings and Investments |
400 |
2009 |
|
11 |
Republic of Mordovia |
Alliance Investments |
880 |
2007 |
|
12 |
Republic of Tatarstan |
Troyka Venture Capital |
800 |
2006 |
|
13 |
Republic of Tatarstan (high technologies) |
AC Bars Capital |
300 |
2007 |
|
14 |
Samara Region |
Invest Management |
280 |
2009 |
|
15 |
Saint Petersburg |
VTB Asset Management |
600 |
2007 |
|
16 |
Saratov Region |
VTB Asset Management |
280 |
2007 |
|
17 |
Sverdlovsk Region |
Yermak |
280 |
2006 |
|
18 |
Stavropol Krai |
MC LLC AktivFinansManagement |
400 |
2012 |
|
19 |
Tver Region |
MC Savings and Investments |
400 |
2013 |
|
20 |
Tomsk Region |
Monomakh |
120 |
2006 |
|
21 |
Chelyabinsk Region |
Savings and Investments |
480 |
2009 |
|
22 |
Republic of Chuvashia |
NIC Razvitiye |
280 |
2009 |
|
|
|
|
8 944 |
|