30 monthsOur achievements from December 2010 till May 2013

2

Objectives for 2020

$500 – 1 000 mil

VC Funds Available $2-3 B

Investments: $1-1,5 B annually

State-owned co. investment programs

$30-40 B

Endowment: $100 – 300 M annually

Services Market

50 centers$500 mil invested

R&D Centers

Venture investments

400 companies10 shared research and prototyping facilties

Technopark

1 200 students200 professors15 research centers

SkolTech Uni

389 ha 1 316 000 sq. m. of premises

City

companies

objects of IP annually

1 000100

3

Center of Gravity for Innovators and “first anti-emigration project”: May 2013 Results

Рынок венчурного капитала $2-3 млрд

Вложения: $1-1,5 млрд ежегодно

Companies

Applications

900

4 648

15months

6.8Billion RUR

Average age of a Skolkovo company

Combined revenue of Skolkovo companies in 2012 - 5 173 mil RUR, 1st quarter 2013 – 1 662 mil RUR

12.7thousand jobs 12 746 people work at the Skolkovo companies.

2010

2011

2012

2013

26

332

793

901

New Companies

4

Support for Skolkovo Companies

Grants approved for 8.9 B RURThird-party co-investments into grant recipient companies – 6.2 B RUR.

5 shared research and prototyping centers: from microscopy to industrial design.

186 applications for new patents since 2012

Acceleration program

Lab and office infrastructure

Corporate services

Project funding

Partner search and market entry facilitation

IP protection services

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Skolkovo and Colleagues

№ IndicatorSkolkovo(Dec 2010 – 2012)

Rusnano1 (2008 – 2011)

Russian Venture Co.(2006-2011)

Primary focus Research and commercialization Manufacturing Commercialization

1 No. of Applications 3 890 2 113 н/д

2 No. of approved applications 783 132 101

2а of which: no. of approved funding applications 176 132 101

3 % approval rate (line 2а/line 1) 4,5% 6% н/д

4 Revenue of portfolio or participant co’s, bn. RUR 5,2 11,3 1,59

5 Applicant funding by the institution, bn. RUR 8,6 224 5,6

6 Third party applicant funding, bn. RUR 6,9 311,6 3,5

7 Share of third party funding (line 6/(line 5 + line 6), % 44% 58% 39%

8 Jobs created, thousand 12,7 n/a n/a

1 Source: Rusnano annual report for 2011 http://www.rusnano.com/upload/images/normativedocs/ROSNANO_AR-2011_Rus.pdf

Аккредитация венчурных фондов 9.1 10.5 0,8

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VC Funding

Over 50 venture funds accredited at Skolkovo (including 20 international).

Investment agreements signed with Skolkovo companies for over 20 B RUR

14 VC funds invested in grant recipient projects for more than 1.1 B RUR.

81 Skolkovo company received investments from accredited venture funds.

2011

Bn. RUR

2012 2013 (Q1)

7

27 companies signed agreements to open R&D centers at Skolkovo; combined budget over 30 B RUR

Center of Gravity for Multinational Companies

2 B RUR – committed corporate VC investments into Skolkovo companies.

3 200 jobs to be located at the corporate research park.

32 corporate partners of Skolkovo.

27 corporate R&D centers committed for location at Skolkovo.

3 194 people – target employment at corporate R&D centers by 2015.

29.2 B RUR combined budget of corporate R&D centers by end of 2015.

3 corporate VC funds already active at Skolkovo (NAVI, Columbus Nova, Intel Capital).

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Strategic Time Horizons

Platform Stage

Building up the critical mass of the ecosystem

Quality Stage

Focusing on the quality of the elements of the ecosystem, weeding out, improving interactions in the ecosystem

Full Potential

Self-development, unleashing full potential.

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

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• Moscow State U,• St. Petersburg State U,• St. Petersburg IT U,• Moscow Technical (Bauman) U, • Novosibirsk State U,• Tomsk Politechnic U et al.

Education Ecosystem

Best Russian Centers of Education:

• Massachusetts Institute of Technology, • U of California, • Columbia U, • Harvard U.

Leading International Centers of Education:

• Novosibirsk Branch of the Science Academy,

• Tomsk Branch of the Science Academy,

• Nuclear Research Center in Dubna et al.

Russian Academy of Science and other Research Centers:

R&D centers of leading Russian and International Companies.

New education system centered around synergies

between science, technology and business