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From Russian Technologies to Global Markets

Influencing Evolution Through Creative Design

Open City Forum – TEDx PresentationPerm, October 23, 2011

The Power of Individual Vision to Shape our Collective World

2

The world faces many problems today…

… But no single country in our global economy can solve these problems on its own.

So how to integrate Russia and its scientific resources into the urgent effort?

1.A 1000 year commodity economy;

2.A bureaucracy designed to protect monopolies;

3.Low trust between citizens and the powerful elites;

4.High risk & volatility aligned with global growth patterns;

5.Low interest for investors to risk capital on L/T projects;

Enigmas Wrapped Inside Riddles

How can Russia maximize its competitive advantages in a globally integrated economy by leveraging its greatest resource?

How can Russia free up its highly creative scientist’s and R&D experts locked inside the world of academia – and separated from the world of business?

Russia faces unique cultural barriers to modernization

How can Russia collectively evolve itself out of this trap?

What caused this near collapse of humanity?

I’ve been thinking about these problems for many years now

1962 Cuban Missile Crisis - we really came close to blowing up the planet!

My mother’s art teacher from 1970 – 1990 was Tatiana Mkinney, from Russia

There was another Russia which most Americans never met

I understood that Karl Mark was Wrong and that Adam Smith was right!

I decided to study the root causes of the Cold War

There have been many utopian philosophers in history

Powerful VISIONARIES promoting their own personal designs…

Based on the ingenuity unleashed from individual personal freedom

Others have offered a different vision for Human development

And earn money and get an MBA… and learn how to make more money!

After my studies – I needed to get a job!

But I was raised with the expectation that I could change the world

After eight years I had a lot of nice things

In a blur I knew I had to move my career to Russia

Then everything changed forever in the world…

The place to start was the Cradle of Reform – Nizhny Novgorod!

But Russia is a large country – where to start?

Working in VC&PE, I understood Russia’s great innovation potential

I chose a new career path for my own evolution

What did I learn from this investment experience?

Russia had great innovation IDEAS, but commercializing these into profitable PRODUCTS would be very difficult

“Marchmont”White family estate,Built in 1890

“Solid principleshave always guided

our business strategy”

“Joseph Nelson White(1860-1939)

I had always dreamed of becoming an entrepreneur!

So I formed my own company and built my own business in Russia

My father, grandfather and great grandfather were my family inspirations

I deeply analyzed the Russian innovation ecosystem

Стадия разработки концепции

От идеи к инновационному

проекту

Предпосевная стадия

От инновационного проекта к малой инновационной

компании, владеющей интеллектуальной

собственностью

Посевная стадия

Подготовка инновационного

продукта к выводу на рынок

Научно-исследовательские

проектные институты и КБ

(20 НИИ)

Вывод инновационного

продукта на рынок

Старт-ап

Расширение рынка, модернизация

продукта

Бизнес

Университеты и институты(48 ВУЗов)

Крупные организации,

предприятия и КБ(100 организаций)

Инновационные МСП

(300 компаний)

Идея Проект МИК 1

Интеллектуальная собственность, прототип

бизнесМИК 2

Опытный образец Мелкосерийное производство Серийное производствоОписание,

проект

Фонд содействия развитию малых форм предприятий в научно-технической сфере

(«Фонд Бортника»). Финансирование НИОКРСТАРТ – до 6 млн. руб за 3 года на проектУМНИК – 200 тыс. руб в год победителю

Гранты Российского фонда фундаментальных

исследованийРФФИ

150 - 700 тыс. руб на проект30 млн. руб в год

Гранты Нижегородской области в сфере науки и

техники200 тыс. руб на проект макс

6,2 млн.руб в год

Государственное финансирование

R&D14 млрд. руб в

год

Ярмарка бизнес-ангелов и инноваторов,Конкурс «РОСТ» для молодежных

Инновационных команд, Премия НО им. Кулибина, Именные стипендии

правительства НО(ННИЦ)

Внутренние затраты на

финансирование R&D

22,3 млрд. руб в год

Молодежный Инновационный Конвент и

Национальная Зворыкинская премия

до 1 млн. руб победителю

ПредлагаемыйПилотный Центр

Предпосевной Подготовки проектов (ЦПП)

(Proof of Concept Center)

Нижегородский Инновационный Бизнес Инкубатор (НИБИ)

Льготное размещение до 3-х лет,16 компаний (рост до 45 с 2011г)

Гранты НО до 500 тыс. рубСубсидии НО до 5 млн. руб

Технопарк «Система-Саров», 22 инновационные компании,

Бизнес-инкубаторБолее 100 малых компаний

Фонд Посевных Инвестиций РВК РОСНАНО

Бизнес-ангелы(Ассоциация бизнес-ангелов ПФО

«Стартовые Инвестиции»)Инвестиции до 20 млн. руб на 1

проект

Фонды Прямых и Венчурных Инвестиций

Региональный Венчурный Фонд Нижегородской области

(ЗПИФ РВФНО)Размер фонда 280 млн.руб

Проинвестировано 2 проекта по 40 млн. руб

Технопарк «IT-парк Анкундиновка»

Пуск с 2011 г.До 400 инновационных

компаний

Стратегические инвесторы

Источники разработок

Существующая инфраструктура

поддержкиинноваций

Соинвесторы

Источники финансирования

…and found that its INFRASTRUCTURE is absolutely incomplete!

Establish the

Russian KNOW- HOW Fund “Promoting entrepreneurial collaboration in innovation”

N.N. Proof of Concept Center

Regional Innovation for Business

Forum

Monthly KNOW-HOW

Glossy Journal

OTC Electronic

trading platform

Global Russian

KNOW-HOW Foundation

# 1 # 2 # 3 # 4 # 5

I decided to develop a comprehensive strategy to overcome Russia’s historical barriers to modernization,

a systemic approach must be implemented

RUSSIAN Innovation Report

So what is a Proof of Concept (POC) center?

In an Innovation ecosystem, its like a “BLACK BOX”

POC’s take innovation IDEAS and develop marketable PRODUCTS

POCs are aimed at the global commercialization of Russian High Tech

Help innovators to build a business

The main idea is to bridge the “Death Valley” gap?

Connect entrepreneurs to the corporate business world 

5

But How to identify and encourage key experts from Russia’s global Diaspora to advise on innovation projects across the RF?

?

Global Russian

Innovation Foundation

# 2

Many cultures all over the world have created their own support networks

Create a global Russian Diaspora network of experts

POC’s are key catalyst in the global innovation ecosystem

The most effective Innovation Clusters in the world rely on local POC centers

Russia had great potential in its regional innovation clusters

Sources of projects inflow to PoC Center, Nizhny Novgorod

Busin

ess I

ncub

ator

s,

tech

no p

arks

Scientific schools Higher Educational

Establishments

Corporate R&D, R&D,

Design Bureau

Competitions, grants,

bonuses

Large scale inventions Venture Funds

48 Higher Educational Establishments, 100-200 projects per anum

100 organizations, 100-200 projects per

anum

Busin

ess

ange

ls

5-10 competitions, 100-200 0 projects

per anum

Venture Fund NO, 20-40 0 projects per

anum

300 SME, individual researchers,

50-100 0 projects per anum

5-10 organizations, 50-100 0 projects

per anum

Venture partner of FSI RVC,

business angels association Start-Invest,

20-40 0 projects per anum

20 scientific schools, IAP RAS, IPM, NIRPI,

NIITO, 100-200 projects per

anum

So why does Russia care so much about oil & gas? Its creativity and intellectual potential is Russia’s real natural resource, and greatest competitive advantage!

Visionaries have been shaping our evolution with their designs

Including top Russian innovative thinkers

Russia has a pretty good historical track record in innovation

Actually, we are accelerating exponentially, so who will lead this process, will generate the most wealth

In fact, our evolution through new innovations and creativedesigns is not slowing down…

Can Russia overcome its historical traditions of isolation and dependence on commodity exports – or will Russia become integrated into the global economy?

What role will Russia play in our next evolutionary steps

From Russian Technologies to Global Markets

Proposed regional symposium series program for 2012

American culture certainly has evolved over time

Can Russia evolve to become a 21s century innovation leader?

USA UK Israel Japan

Russian Innovation Diaspora Integration

From Russian Technologies to Global Markets