The Russian Direct Investment Fund (RDIF), together with the Sirius educational center, created a venture fund with a capital of one billion rubles. This was announced by the director of the RDIF, Kirill Dmitriev, on November 28 at the IV Congress of Young Scientists, Izvestia reports.
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The fund focuses on supporting startups created by graduates of Sirius programs and is designed to engage talented young scientists in innovative projects. Dmitriev stressed that the key task of the fund is the development of new companies that can compete globally.
The capital of the fund is formed in equal parts: Sirius and the Russian Venture Company (RVC), managed by RDIF, invested 500 million rubles each. Now Sirius’ board of directors is discussing the fund’s strategy for the next 10 years.
In April, RDIF and the National Media Group holding company decided to invest in the creation of a joint commercial fund for the development of film and animation. The size of the fund will be 8 billion rubles.
In September, RDIF, together with Russian oil and gas companies, plan to create an industrial investment fund “Technologies for the oil and gas industry.” It should help companies that are developing critical technologies for this industry.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
