Skolkovo Foundation

Skolkovo Foundation is a Russian organization that fosters startups and venture capitals focused on the areas of energy, IT, biomedicine, nuclear, and space. The IT cluster develops strategic directions of information technologies, including search systems and cloud calculations. The biomed cluster supports and develops innovations in the field of biomedical technologies. The energy Efficiency cluster supports innovations and advanced technologies, aimed at the reduction of energy consumption by industrial and residential objects as well as lower energy consumption by communal services and municipal infrastructure facilities. The space technologies cluster handles space projects and the development of telecommunication technologies based on space tourism, satellite navigation systems, and more. The nuclear technology cluster supports the creation of new products for power markets, development of new materials, and designing of complex technological systems. In order to carry out its operations, Skolkovo Foundation manages Skolkovo Innovation Center, Technopark, Skolkovo Institute of Technology (Skoltech), and Skolkovo city. Several companies, including Boeing, Cisco Systems, EADS, GE, Johnson & Johnson, IBM, Intel, Microsoft, Siemens, Nokia, and Samsung have signed R&D partnership agreements with Skolkovo Foundation. Skolkovo Foundation was founded in September 2010 and is based in Moscow, Russia.

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