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Development institute of the Russian Federation

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RVC and Faberlic launch a GenerationS-based fashion startup accelerator
31.07.2017
Faberlic is the largest Russian perfume and cosmetics direct sales company, the manufacturer of unique oxygen cosmetics and a whole range of skin care products, decorative cosmetics, products for home and health, clothes, accessories and underwear for men, women and children.
RVC has signed a cooperation agreement with the Association of Innovative Regions of Russia during the St. Petersburg International Economic Forum 2017. The document has been signed by RVC General Director Alexander Povalko and AIRR Director Ivan Fedotov. The subject of this Agreement is development of innovation and technological cooperation between the Association and RVC including RVC subsidiaries and Association members.
RVC and Sberbank PJSC have signed an innovation and technological cooperation agreement focused on searching of new technologies and increase in business efficiency of both parties. This document was signed by RVC General Director Alexander Povalko and senior vice-president of Sberbank, manager of Sberbank CIB Igor Bulantsev during the St. Petersburg International Economic Forum 2017.
The Venture Market Board at RVC was established in partnership with the Ministry of Economic Development. The board will be comprised of experienced professional venture investors, representatives of private and corporate business funds, business angel associations.
RVC has defined six areas of the largest start-up accelerator in Russia and Eastern Europe GenerationS for the subsequent three years . The line may be added with special corporate tracks upon partners' request during each cycle of GenerationS. Start-up teams will be able to apply for participation in GenerationS-2017 until September, 30.

VTB Capital Asset Management JSC successfully completed a transaction for the sale of the Grid Dynamics project, which is in the venture Fund of the ZPIF (Closed unit investment fund) of long-term direct investments of VTB — Portfolio Investments. The fund with the size of more than three billion rubles was launched in 2008 with the involvement of the capital of VTB Group and JSC Russian Venture Company.

Wangsu Science & Technology Co Ltd (brands — ChinaNetCenter and Quantil) and the resident of the IT cluster of the Skolkovo Foundation CDNvideo announced signing of a purchase agreement, according to which the Chinese Internet giant acquires a controlling stake in the leading CDN-provider in Russia and CIS, the leader in the segment of video content transmission on the Internet.



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