Russian venture capital market: priorities of the state and investors discussed at the RVC forum

KAMA FLOW partners Evgeny Borisov, Pavel Okhonin and Kirill Tishin took part in the forum "Investments in fast-growing technology companies. Priorities of the State, Investors and Managers" organised by the Russian Venture Company (RVC) and the Ministry of Economic Development of the Russian Federation.

Managers of Russian venture funds, representatives of the Government of the Russian Federation, corporations and various groups of investors gathered to discuss topical issues of the investment market. Speakers spoke about the specifics of investing in various sectors, presented their assessments of the current situation in the industry and forecasts for its further development, and announced plans to launch new venture capital funds.

KAMA FLOW partner Evgeny Borisov noted:
"The development of the venture capital market directly contributes to achieving technological leadership, so it is especially important that state institutions return to active support of professional investors, including through stimulating the creation of new investment funds."
In addition, Eugene posed questions to speakers from federal ministries on topical topics related to venture capital market regulation, in particular, on the investment tax deduction provided for funds investing in small technology companies (STCs), as well as the practice of incentivising the creation of corporate venture capital funds, including state corporations.

"I would like to emphasize the role of the venture capital market, funds that are ready to invest in new projects, promote their early commercialization and the entry of companies into production capacity, so for us it is especially important to have a direct and open dialogue with everyone involved in this work,"
- Maxim Reshetnikov, Minister of Economic Development of the Russian Federation, noted at the forum.