Round Table
The Round Table ‛Russian Investment Fund of Information-Communication Technologies as the Stage for Creation of the National Innovation System‛ was held today in Moscow.
Rosinfocominvest gathered together the managers of key ministry’s departments, large investment structures, venture funds and funds for direct investments, banks, consulting structures, business-angels, politicians and other leading participants of this business segment, representatives of professional community.
Mr.Vladimir Vasiliev, Director for the Department of Establishing the Information Community of the Ministry for Information Technologies and Communication, addressed the welcome speech to the participants of the Round Table. He declared that the Ministry entrusts serious hopes on providing the best way for successful development of Rosinfocominvest, leading to creation the effective permanent system of innovation support, through the join decision of Fund’s specialists, expert and professional community, working group on working out the investment model of the Fund.
The leaders of the Russian Federation redact today the ‛Four I‛ principle: institutions, investments, innovations, infrastructure. This is the complex development task. According to the principle the state request, the reply on which in 2006 was the Decree of the Government for establishing the Fund of venture financing for ICT sphere as accelerator for the market activeness for realization the state priorities of the development, can not satisfy the today’s claims. That is why the Ministry is seriously fraught with the searching and setting such development model of the Fund, which is mostly relevant to the defined claims.
Mr.Grigory Bunatyan, General Director of Rosinfocominvest, Mr.Yakov Mirkin, Director of the Institute of Financial Markets and Applied Economy of Finance Academy under the Russian Federation Government, Mrs.Olga Uskova, President for National Association of Innovation and Development of Information Technologies, were the key speakers of the Round Table.
Private-public partnership, development of direct investment industry, searching the perspective companies and initiation the deals in information-communication sphere, discussing the scenarios of Rosinfocominvest investment strategy on internal and external markets, international cooperation in the sphere of hi-tech – these are the main subjects of the speeches.
Mr.Andrey Sharonov, Managing Director of ‛Troyka-Dialog‛ Investment Company, Ilya Ponomariov, Chairman for Under Committee for Technological Development of the State Duma of the Federal Assembly of the Russian Federation, Maxim Shekhovtsov, Director for ‛Allianz Rosno Assets Management‛ venture fund, Victor Sedov, Executive Director for the ‛USA-Russia‛ investment fund and other delegates took participation in the active discussion.
The speakers pointed that creation of state platform for supporting the start up innovation companies of ICT sphere, including venture and seed financing, is one of the main targets for the strategy of information society development.
Activities of specialized funds, executed the functions on organization the sectorial financing on market principles, is the most effective form for providing such mechanism. Effectiveness of state resources working in the case of its exit on the most active stage for investment reserves placement in the projects and companies is leading to undervaluation of potential yield. On practice it leads to sharp remission of competitive advantage for public-private partnership. The fullness of strategic tasks decision for Fund functioning will depend from the chosen scenario of investment strategy.
In that connection the participants of the Round Table mentioned that the application of ‛evergreen fund‛ scenario with non-limited term of activity is the most attractive variant for Fund’s development. Exactly this scenario allows to provide the execution of strategic tasks on creation the infrastructure institute of ICT sector for investing in innovation projects (infrastructure, institutes, investments, innovation) and forms the highest growth of investment reserves in long-term period.
Recommendations, aimed for choosing the effective scenario of Fund’s activity as the institute of development, will be arranged under the results of the Round Table. Rosinfocominvest today is one of the essential components of forming the Russian innovation system and must be relevant to the basic principles of state development – ‛infrastructure, institutes, investments, innovation‛.
Government resolution
