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Business & Legal Environment

Feb 18, 2014

Russian Startup Tour Stops in Cheboksary

Innovators from Russia’s Chuvash Republic presented 40 projects at the local stop of the Russian Startup Tour roadshow, which is being held in the city of Cheboksary on Feb. 5

Feb 06, 2014

IT Village envisioned in Volga region

The Penza regional government in the mid-Volga area is expecting to launch by this coming September what the administration refers to as “IT Village”

Feb 04, 2014

Yandex Investing in Logistics Provider as E-Commerce Booms

Internet group Yandex has invested in MultiShip, a logistics services provider for online stores, in a move to reinforce its e-commerce platform

Jan 24, 2014

RVC and Partner Invest in St. Petersburg Tech Incubator

The RVC Infrafund, an RVC investment arm which supports infrastructure projects, has partnered with with Bargan Venture to invested in VChemTech, an incubator nurturing projects from St. Petersburg State Institute of Technology

Jan 23, 2014

Government five-year plan aims at doubling IT exports

In keeping with long standing Russian tradition, the government has produced a hugely ambitious 5-year plan aimed at doubling IT exports and growing the sector three times faster than the country’s overall GDP

Jan 18, 2014

Angel investment grew fourfold in 2013

Russia’s National Association of Business Angels (NABA), Atom Partners and RVC have presented the results of their 2013 business angel investing study

Dec 26, 2013

Russia Passes New Legislation on Benefits for Small IT Firms

The new law lowers the threshold for the number of employees IT companies need to qualify for benefits and also corrects a condition with income associated with fluctuations in foreign exchange rates

Dec 19, 2013

Runa backs Anturis series-A

Runa Capital and VEB Innovations have injected $2m into Anturis, a Russia- and US-based provider of IT monitoring and troubleshooting services for SMEs

Dec 19, 2013

Voronezh region now has its first IT project accelerator

The sizable agricultural and industrial region of Voronezh, some 500km south of Moscow, is expected to host GlassHouse, the first venture accelerator for IT projects in the entire Russian “Black Earth” region along the border with Ukraine

Dec 05, 2013

Government fund of funds RVC celebrates birth of domestic venture industry, recognizes disbalances and need for further global integration

RVC (formerly known as Russian Venture Company) presented its updated development strategy for the coming years

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