From dream to reality: Russia’s ‘Silicon Valley’ to mark 10-year anniversary with new projects

The Skolkovo Foundation

Russia’s Skolkovo innovation center, which is marking 10 years since its founding, has ambitious plans for 2020 and beyond to continue promoting technology and helping small innovative startups grow into profitable companies.

Skolkovo Technopark was built from scratch almost a decade ago to create a platform for research and innovation in key spheres such as energy, IT, space, biomedicine, and nuclear technology. Now the complex has facilities spread around 800,000 square meters and hosts around 500 startups, while there are an additional 1,500 enterprises beyond its campus. Skolkovo hosts around 50 research centers employing more than 15,000 people.

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