The push toward high tech is reshaping the business landscape and driving growth across the economy. At a recent forum on financing entrepreneurship in Russia, leaders emphasized how crucial venture funding is for sustaining momentum in technology and innovation.
In presenting the outlook, the minister responsible for economic development underscored that without access to risk capital, Russia will struggle to meet the goal of achieving a higher level of technological leadership. The message was clear: there is strong demand from the business community for sophisticated funding tools, and the state is prepared to back those efforts with targeted support, policy clarity, and collaborative mechanisms that reduce risk for early stage ventures.
The discussion highlighted a policy framework aimed at accelerating technological progress through 2030, with clear priorities for scientific and industrial development. The initiative strengthens the status of small technology companies, while reforming and energizing the national venture ecosystem. The relaunch of a leading technology policy accelerator and the creation of new investment vehicles and funding terms were noted as pivotal steps. The launch of a portal dedicated to showcasing startups was cited as a practical platform for connecting technology ventures with capital, enabling investors to review and participate in promising projects. The portal is accessible through a government-backed portal created to streamline investor engagement with technology firms that display high growth potential.
The forum, hosted by a state fund of funds and the national enterprise development institute, together with the Ministry of Economic Development, explored how the enterprise sector contributes to the country’s economic and technological trajectory. Participants examined state support measures and regulatory framework changes, as well as how large corporations can interact more effectively with venture funds to scale innovation. The consensus stressed greater alignment among public bodies, financial institutions, and corporate partners to nurture a vibrant venture ecosystem that sustains long term growth and global competitiveness.