june2013en
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MONTHLY REPORT ON THE
ACTIVITIES OF THE SKOLKOVO
FOUNDATION June 2013
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KPI Unit Target amountResult as of 30.06.2013
Management comments
Number of applications for intellectual property rights as a result of Skolkovo’s innovative
activities (including copyright)Pieces 100 45
12 applications were submitted for intellectual property rights during the month of June. The biggest number of applications was submitted for strategic direction “Energy Efficiency” (40%)
Share of external co-financing attracted for completion of participants’ projects
% 50 43
21 grants were approved since the beginning of the year, out of which 5 grants belonged to Stage 2 (co-financing ≥50%), 7 grants to Stage 1 (co-financing ≥25%), 9 mini grants (don’t need co-financing)
1. Participants
KPI Unit Target amountResult as of 30.06.2013
Management comments
Number of jobs created in R&D centers of key partners, establishment of which on the territory
of Skolkovo has been agreed uponPlaces 500 370
In June number of jobs in R&D centers increased by 16 places due to signing agreements with “Dauria Aerospace” and Accenture.
Engagement of venture investors (VI):
share of investments of accredited VI in total amount of investments in participants as compared to share of participants having attracted external financing from partners
% 20 28,7Fulfillment of KPI and completion of Investment Services work plan in whole conducted as scheduled.
2. Partners
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Object NameScheduled deadline
of current stage*Status as of 30.06.2013
Management comments (incl. new construction term in case of plan deviation)
Scheduled deadline for object
handing over
1. SkolTech complex
Stage “P” – July 2013
Project documentation prepared by “Ove ARUP”
December 2014CEW begin in July
2013
Signing agreement on excavation scheduled until the end of June 2013
2 .Technopark complex
Stage “P” – March 2013
Project documentation prepared by “Ove ARUP”
October 2014CEW begin in May
2013Agreement on excavation scheduled until the end of June 2013
3. Apartments
Stage “P” – February 2013
Project documentation prepared by “Valode et Pistre” in April
November 2014
CEW begin in May 2013
Agreement on excavations and poling signed. Contractor mobilized and conducts the works.
5. Objects of social infrastructure:
5.1. Family campusState “P” – August
2013Project organization selected. Design in process October 2014
5.2.ClinicStage “P” – October
2013Procurement documentation in process of endorsement January 2015
3. City (1/5)
Completion date re-scheduled for more than 2 months
Completion date re-scheduled for up to 2 months
Completion date according to the schedule
*Stages presented on Slide 4
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Object NameScheduled deadline
of current stage*Status as of 30.06.2013
Management comments (incl. new construction term in case of plan deviation)
Scheduled deadline for object handing
over
6. Central Zone:
6.1 Teaching blockStage “P” – August
2013Works on engaging an architect for developing Architectural Design Concept and Project Documentation are in process
January 2015
6.2 Student blockStage “P” – July
2013Works on engaging an architect for developing Architectural Design Concept and Project Documentation are in process
August 2014
6.3 Market block (Cultural Center, City Hall)
Stage “P” – September 2013
Works on engaging an architect for developing Architectural Design Concept and Project Documentation are in process
January 2015
7. General City Systems of engineering & technical provision:
7.1. Roads & main engineering communications on Boulevard
CEW end in December 2013
According to the schedule, construction conducted by “Moskapstroy”
March 2014
7.2. Roads & main engineering communications on Parkway
Stage “P” – May 2013
Project Documentation on Parkway prepared in JuneMarch 2014
(1st stage)CEW begin in July
2013Selection of executor for CEW in process
8. Complex beautification and landscaping
Stage “P” – September 2013
Design conducted by “Gorinzhproject” September 2015
3. City (2/5)
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3. City (3/5)Design & construction stages
Stage Stage Content
Stage “P”Design contract signed
Project Documentation development finished (Stage “P”)
CEW begin
Contract signing for preliminary works (for construction)
Preliminary works begin
CEW begin
CEW end CEW end
Operation launchBegin of complex test
Object operation launch
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# Project NameInvestor/Key Partner Name
Object area
PlotPlot area,
ha
Financing volume (City Programme),
mln. rub.
Scheduled signing of
lease agreement
with investment
terms*
Comments
Lease agreements with investment terms signed
1Business Center in Skolkovo
NC DIT 21 700 D3 1,62 1 606 May 2013 -
2 R&D Center RENOVA Renova Pub 26 500 Z2.1-03 2,54 2 060 April 2013 -
Preliminary agreements signed
1 Sberbank Technopark Sberbank 76 740 D1-01 7,96 5 539 April 2013 Lease agreements in Sberbank for endorsement, delay on behalf of Sberbank2 Sberbank MegaCOD-2 Sberbank 37 000 Z2.1-01 4,07 7 000 April 2013
3R&D Center Transmashholding
Transmash/Alstom
25 000 D2-15 2,72 1 459 August 2013 Agreement in Transmashholding for endorsement
4 R&D Center MOEKBROAD Group/ MOEK
13 900 D1-09 0,77 790* August 2013 Due to company sale, project completion
terminated; offered to KAMAZ
5 STC “Tatneft” Tatneft9 000 –
13 000D1-02 0,84 708 August 2013
Agreement submitted for endorsement, signing planned as scheduled
6 Transport Hub Finmart 30 000 Z1-06 n/a 3 000 May 2014 Agreement submitted for endorsement
7 Engineering networks FSK n/a n/a 4 757 July 2013
Due to absence of project documentation in FSK, FSK does not sign binding agreement,
Foundation can not control compliance with schedule concerning operation launch of power supply objects, risk of launch deadline wrecking
exists
* For preliminary agreements – scheduled term of signing
3. City (4/5)
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# Project NameInvestor/
Key Partner Name
Object area
Plot Plot area, ha
Financing volume (City Programme),
mln. rub.
Scheduled signing of
lease agreement
with investment
terms*
Comments
Preliminary agreements signed
8 STC JSC “TMK” JSC “TMK” 8 000 D4-02b 1,94 480*September
2013Agreement submitted for approval,
signing planned as scheduled
9 R&D Center “Kamaz”JSC “Kamaz”
12 000 D1-09 1,11 720*September
2013Agreement submitted for approval,
signing planned as scheduled
10 R&D Center “Dauria” Dauria 10 000 Being defined Being defined 600*September
2013
Negotiations on accommodation options in the Innovation Center in
process
Agreements planned for signing
1 Boeing 9 000 Being defined Being defined 540* November 2013 -
2 Cisco15 000 –
20 000Being defined Being defined 900* August 2013 -
* Amounts calculated preliminarily by multiplication of estimated cost of construction in the amount of 60,000 rubles/sq. m. of the object area
KPI UnitTarget amount
Result as of 30.06.2013
Management comments
Volume of external co-financing attracted for city
construction
Billions rubles
34 3,6 (24,2)
• Binding treaties signed with Renova Pub (2.06 bln. rub) and NP “DIT” (1.6 bln. rub.)• Preliminary agreements for the amount of 24.3 bln. rub signed (including during last 3
months)• 2 preliminary agreements planned for signing• Documentation endorsement on 4 investment competitions in process• 4 investment competitions planned for announcement in July
3. City (5/5)
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KPI Unit Target amountResult as of 30.06.2013
Management comments
Average term on taking decision for grant approval:
A) participant status via preliminary approval procedure;
B) participant status without preliminary approval procedure;
C) grants to participants
Calendar daysA) 40B) 30C) 70
A) 30B) 25C) 77
Deviation of actual indexes from target indexes on taking decisions for providing grants is due to:• Calendar gap in reviewing (submitted in 2012, review completed in 2013);• Discreteness in timing of in-person meetings of the Grand Committee (decision can be taken only at the Grant Committee meeting which takes place once in three weeks)
Compliance with the Foundation budget (except budget for construction of innovation city)
% -10 -59
Budget performance as of 30.06.2013 equals to 41% of the Budget volume for 6 months due to terms of procurement procedures and contracting, which objectively transfers payments to the upcoming periods within 2013
4. Foundation
KPI Unit Target amountResult as of 30.06.2013
Management comments
Share of attracted new members of online community (relation of registered accounts to
total number of unique visits)% -1,5 2,6
Excess of KPI target amount means that the share of target audience representatives (ecosystem participants) is higher among the site visitors
5. Community
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Appendixes
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31.05.201331.05.2013
Total 929
250
75
94
216
294
77
253
297
195218
95
940
Total number of participants
as of 30.06.2013
Total number of participants
as of 30.06.2013
Total number of applications for receiving participant status and for preliminary review during
the entire period of the project equals to 4,884, of which 805 applications during the 6 months of 2013.
Appendix 1. Participants attraction dynamics
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Total administrative units of Russian Federation presented 44
* Indicated in brackets is increase for the reporting month
Astrakhan 5 Omsk & region 3Bryansk region 1 Oryol 1Vladivostok 1 Penza region 1
Vladimir & region 3
(+1)Perm 7
Volgograd 1 Petrozavodsk 1Voronezh 2 Rostov region 1Yekaterinburg & region 28 Ryazan 3Ivanovo 1 Samara 3
Izhevsk 1 Saint-Petersburg110(+1)
Irkutsk 2 Saransk 4Kazan & Tatarstan 25 Saratov 7Kaliningrad 1 Stavropol krai 1Kaluga & region 4 Syktyvkar 1Kemerovo 3 Tver 2Krasnodar & krai 4 Tomsk 20Krasnoyarks & krai 13 Tula 1Leningrad region 1 Tyumen 1
Moscow 524 (+6)
Ulyanovsk & region 3
Moscow region 79 Ufa & Bashkortostan 7
Nalchik & Kabardino-Balkariya 2 Cheboksary & Chuvashia 3
(+1)
Nizhniy Novgorod & region 16
(+2)Chelyabinsk & region 9
Novosibirsk & region 28 Yaroslavl & region 6TOTAL 940
Appendix 2.Territorial location of participants
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874.26
2,939.76
1,214.56
2,641.08
2,940.05
3,350.64
1,061.86
561.01
0 5,000
2010 2011 2012 Jan 1 - June 30, 2013
140114
199
89
20
270290
329
83 91
0
50
100
150
200
250
300
350
IT EnEff Bio Nuc Space
Grants approved in 2013
Grants disbursed in 2013
*With consideration of changes by results of report acceptance
Average share of project co-financing during the entire period of the project equals to 43.7% with consideration of CPI and 45.7% without consideration of CPI
Number of grants, approved for disbursement during the entire period of the project equals to 207 (21 approved in 2013), out of which 92 mini-grants
Appendix 3. Grants to Participants
Amount of grants approved
Amount of grants disbursed
Grant approval & disbursement by years*, mln. rub.
Grant approval & disbursement by cluster in 2013, mln. rub.
Total, mln. rub.Total,
mln. rub.
6 090,7
9 492,4
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Results as of 31.05.2013
Results as of 30.06.2013 TOTAL
33 Applications submitted: 12 18 15 45
25for invention or useful model, Russian and international
9(+2)
16(+6)
12(+4)
37
8 for trademark registration 3 2 3 8
for computer software registration
9Number of applications for IP objects in procession
1 3 2 4 10
Next month plan:
Applications submitted for IP objects – 8
*Given in brackets is increase for the reporting month
Appendix 4. Applications for intellectual property rights (CIP data)
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Main indexesas of 31.05
∆ as of 30.06
Number of companies – Skolkovo Foundation key partners
33 - 35
Number of corporate R&D centers planned for location in Skolkovo
28 2 30
Estimate number of personnel in R&D centers for 2015, persons
3 181 330 3 511
Estimate of aggregate budget for R&D centers until end of 2015, bln. rub. 31,5 1,4 32,9
Estimate of current number of personnel in R&D centers
1 112 26 1 138
Number of corporate venture funds financing Skolkovo participants (NAVI and Columbus Nova (CG “Renova”), Intel Capital (Intel))
3 - 3
List of Foundation Key Partners
International (21) Russian (14)
Nokia Corporation KAMAZSiemens RU-COMMicrosoft OSKEADS Holding “Composit”Ericsson Reshetnev ISSGeneral Electric SFC “Sistema”Nokia Siemens Networks CG “Renova”Cisco Tatneft EMC TNK-VRSchneider Electric CG “RosatomHoneywell JSC “Lukoil”Alstom TransmashholdingIntel TMKIBM Dauria AerospaceSAPBoeingTATAJohnson&JohnsonSamsungDanfossAccenture
35 key partners include 21 large international company Foreign companies plan constructing R&D centers on the territory of Innovation Center, with total number of
personnel for 2015 – 1,612 persons; volume of invested funds until 2015 – 17, 874, 528 thou. rub.
Appendix 5. Key Partners
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15 (+0 in June)15 (+0 in June)
90 (+0 in June) 90 (+0 in June)
List of accredited investors**
Russian (36) Foreign (21)SIF RVK Tatarstan IVF Exigen BVP MC Leader NAVI Pangaea Russia Partners VTB Capital Leta Group I2BF Oxford Bioscience Bioprocess Bright Capital Fleming Garage Biofund RBK iTech Capital Sofinnova Columbus Nova Maxwell Troyka Dialog E.Ventures Helix Ventures C-Group Bin Finam Inerjys Intel Capital Allianz Rosno Russ-Invest Quadriga Alloy Ventures WEB-innovations Trinfiko Fjord Wermuth Sberinvest Indigo Capital Net Element Tamir FishmanForesight Dauria KomtekAlmaz Capital FPPIRuna Frontier Softline YakutiaAmhurst Capital Prostor CapitalMC Univer V.G. KulikovS.A. Tikhonov AddVenture O.A. Yevdokimenko WAARDE
21,1(+0,3 in June)
21,1(+0,3 in June)
Total agreements on accreditation
for the amount of bln. rub.
Total agreements on accreditation
for the amount of bln. rub.
1,3(+0 in June)
1,3(+0 in June)
Binding treaties signed* on investment for the amount of bln. rub.
Binding treaties signed* on investment for the amount of bln. rub.
* Co-financing under grant agreements** Highlighted bold are funds established with participation of JSC “RVK”
Number of participants supported by accredited funds
Number of participants supported by accredited funds
7,67,6 00
Out of them with foreign investors for the amount, bln. rub.
Out of them with foreign investors for the amount, bln. rub.
Out of which foreign fundsOut of which foreign funds
1 8601 860
4 4614 461
Evaluation of intentof accredited corporate venture funds
by the end of 2015, mln. rub.
Evaluation of intentof accredited corporate venture funds
by the end of 2015, mln. rub.
Out which foreign fundsforeign funds, mln. rub.Out which foreign fundsforeign funds, mln. rub.
9.1 10.5 1,6
0 5 10 15 20 25
2011 2012 2013Investor accreditation, bln. rub.
Appendix 6. Attracting venture capital, co-financing of participants
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27 3 10 17 24
28 4 11 18 25
29 5 12 19 26
30 6 13 20 27
31 7 14 21 28
1 8 15 22 29
2 9 16 23 30
June 2013
Appendix 7. Foundation Key Events
13.06 Seed Forum conducted in Hypercube5.06 Discussion on role of IP in innovative development of Russian Federation
20-22.06 St. Petersburg International Economic Forum
•Agreement on cooperation between Skolkovo Foundation, Intel and “Kamaz”
•Agreement with Dutch non-commercial organization SurfNet
•Agreement between Skolkovo Foundation and non-commercial Foundation “Web Ready”
•Agreement on cooperation between SkolTech and St. Petersburg State University
•Agreement on cooperation with Accenture
17.06 Launch of R&D lab “Siemens” in Skolkovo
18.06•Meeting with first students of SkolTech•Launch of Technology Center Cisco in Hypercube Skolkovo
26.06 Inter-State Council on cooperation in scientific & technological and innovation spheres took place in Hypercube
19.06 Meeting with Dutch companies, universities, institutions for development and support of innovations and entrepreneurship took place in Skolkovo Technopark
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ne Center of Oil and Gas Technologies received intellectual property rights. Rospatent adopted positive
decision on issuing patent for invention application “METHOD OF OIL PRELIMINARY PREPARATION IN FIELDS WITH MULTISTAGE SEPARATION” (author – A.A. Khamukhin, project leader).
Essence of innovation
• Online web-modeling for monitoring and management of separation and utilization of associated petroleum gas (APG)• Together with APG, liquid oil is also burnt on torches. Project will allow to be more energy efficient by receiving information on chemical
composition of oil and gas at any oilfield plot and correcting technological parameters.• Information is collected by way of intellectual data processing, received from sensors in the field, and mathematical modeling of phase
transformation of hydrocarbons
• Development and market entering with fault-tolerant, high-performance and energy efficient processors with essentially new multicell architecture for space and telecommunication applications
• Main advantages: Fault-tolerant Dynamic reconfiguration Defect-tolerant production Natural immunity against viruses Cryptographic capabilities Anti-hacker properties
Agreement on cooperation signed between JSC “Multiklet” and Eurolink Systems Group – one of the largest companies in the field of microelectronics, working on orders of the European Space Agency
Essence of innovation
Appendix 8. Skolkovo Participant Companies (1/2)
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ne “TheraMAB” announced receiving 2nd venture investment tranche in the amount of 157 mln. rub.
Second stage of financing was fulfilled by “Bioprocess Capital Ventures”
Essence of innovation
• “TheraMAB” Ltd plans to enter Russian and world pharmaceuticals markets with a medicine on the basis of an original monoclonal antibody (mAB). Developed antibody TAB08 is a first-in-class humanized mAB of IgG4 class, connecting co-stimulating receptor CD28, specific for human T-lymphocytes. Receptor CD28 is expressed on the surface of the absolute majority of human CD4+ T-cells, where it effectively co-stimulates activation and increase of T-cells.
• Uniqueness of the mechanism of molecule action as compared to other mAB is the impact in the underlying cause of the illness by way of normalizing functional balance of various types of cells, and not consequences of autoimmune illnesses by blocking the forming inflammation processes
• “Avtodoria” system is a hardware & software complex designed for vehicle speed measurement by way of calculating the time which it took to coverthe distance between recorders placed along the road.
• Technologies of state number optic recognition, GLONASS and EDS• Main advantages: Compliance with traffic rules on longer distances Unnoticeable for radar detectors Legal validity of data due to use of EDS Low implementation costs Exact determination of place and time Permanent control along the entire road Search of vehicles
“Avtodoria” launched a test version of a fixation system preventing speed violations in Republic of Kazakhstan
Essence of innovation
Appendix 8. Skolkovo Participant Companies (2/2)