Skolkovo

Skolkovo Foundation, established in 2010 and located in Moscow, Russia, is a government organization that promotes the development of startups and venture capital in key sectors such as energy, information technology, biomedicine, nuclear technology, and space. It manages the Skolkovo Innovation Center, Technopark, Skolkovo Institute of Technology (Skoltech), and the Skolkovo city initiative. The foundation's IT cluster focuses on advancements in information technologies, while the biomed cluster nurtures innovations in biomedical technologies. The energy efficiency cluster aims to reduce energy consumption in various sectors, and the space technologies cluster develops projects related to space exploration and satellite navigation. Additionally, the nuclear technology cluster supports the creation of new products and materials for the power market. Skolkovo collaborates with major international companies, including Boeing, Cisco, and IBM, to foster research and development partnerships.