Skolkovo Technopolis Concept

1
Skolkovo TechnopolisConcept 06.10.10
www.i-gorod.com
2
Technopolis Goal

• Create conditions to develop innovation in
  priority industries and its further
• commercialization space and telecom, medical
  equipment and pharmaceuticals,
• energy efficiency, information and nuclear
  technology

• Skolkovo is to become an innovation hub that will
  stimulate innovative entrepreneurship and
  disseminate entrepreneurial culture across the
  country to integrate Russia into the global
  economy
• Creating globally competitive products and
  services based on cutting-edge research
• Establishing global innovative companies in
  Russia
• Fostering advancement of human capital in Russia
  by attracting foreign specialists and creating
  conditions for local innovative talent
  development.

3
Skolkovo national foundation governance

• Non-profit-making Organization Fund for
  Development of the Center for Elaboration and
  Commercialization of New Technologies is in
  charge of the Skolkovo project the Management
  Company
• Supervised by the Board of Trustees is chaired by
  President Dmitriy Medvedev
• The Funds board is a supreme body of management
  co-chaired by Mr. Victor Vekselberg and Mr. Craig
  Barrett joined by the top global as well as
  Russian business
• The Funds Advisory Scientific Board is
  represented by 25 leading Russian and
  international scientists co-chaired by Nobel
  laureates DRS. Jores Alferov and Roger Cornberg
• President, Mr. Viktor Vekselberg is in charge of
  ongoing affairs

4
MEMBERS OF THE FUNDS BOARD

• VICTOR F. VEKSELBERG CO-CHAIRMAN OF FUNDS BOARD,
  FUNDS PRESIDENT
• CRAIG R. BARRETT CO-CHAIRMAN OF FUNDS BOARD
• VAGIT Y. ALEKPEROV, PRESIDENT OF OIL COMPANY
  LUKOIL
• ANATOLY A. ALEXANDROV, RECTOR OF THE BAUMAN
  MOSCOW STATE TECHNICAL UNIVERSITY
• ALEXANDER (SASHA) V. GALITSKY, MANAGING PARTNER,
  ALMAZ CAPITAL PARTNERS
• MIKHAIL V. KOVALCHUK DIRECTOR OF THE RUSSIAN
  SCIENCE CENTER KURCHATOV INSTITUTE
• ANATOLY B. CHUBAIS CEO, CHAIRMAN OF THE BOARD OF
  DIRECTORS, THE RUSSIAN CORPORATION OF
  NANOTECHNOLOGIES (RUSNANO)
• VLADIMIR V. RASHEVSKY, DIRECTOR GENERAL, CHAIRMAN
  OF THE MANAGING BOARD OF OJSC SUEC
• MARTIN BOUYGUES, CHAIRMAN AND CEO, BOUYGUES
• PETER LÖSCHER, PRESIDENT AND CHIEF EXECUTIVE
  OFFICER OF SIEMENS AG
• RATAN N. TATA, CHAIRMAN OF TATA SONS
• ESKO AHO, EXECUTIVE VICE PRESIDENT, NOKIA
• JOHN T. CHAMBERS, CHAIRMAN AND CHIEF EXECUTIVE
  OFFICER, CISCO
• ERIC SCHMIDT, CEO, GOOGLE INC.

5
Skolkovo national foundation governance




6
Mandate of Skolkovo Fund to act as a management
company

• This Mandate is developed according to the
  directive of the President of the Russian
  Federation ?446-rp of 2 July 2010.
• The Fund has the following authorities
• Developing the territory of Center
• Attracting Russian and foreign Participants
• Managing assets of Center
• Establishing the learning and research system in
  Center
• Facilitating development and RD activities of
  Center
• Providing support for commercialization system of
  Center scientific achievements
• Providing information support for Center
  activities.

7
Research and Education Center
Skolkovo Institute of Technology
Skolkovo OpenTech

• Located in Skolkovo
• Set of graduate schools
• International students

• Functions on several sites
• Set of lectures, seminars, courses, summer
  schools
• Russian students

8
Skolkovo Institute of Technologies

• The SIT envisions a capacity of approximately 250
  research teaching fellows and 1,000 students. The
  first class is expected to graduate in 2017.
• The process of establishing SIT includes
• Creating interdisciplinary research and
  engineering centers
• Attracting the best graduates from leading
  Russian and foreign universities for masters
  programs
• Developing partnerships between laboratories of
  universities with industry and leading research
  and educational centers.
• Objectives are
• Shaping ecosystem fostering innovations
• Producing cutting edge research
• Preparing technological entrepreneurs and
  professionals for the ecosystem and resident
  corporations
• Establishing conditions for spill-over of best
  practices into the national innovation system.

9
Skolkovo Extraterritorial Structure Launch -
The exterritorial hub

• will connect local and remote ideas, money,
  talent resources and joint activities without
  physical boundaries
• will be implemented on the base of best cloud
  computing practice and the set of required
  services to support
• will open opportunity to
• Launch off-site research, start-ups, education
  and entrepreneurship programs, incubators, etc.
• To tap and commercialize Russian research and
  promote research results and expand over the
  world

9
10
Skolkovo model

• Skolkovo Institute of technologies
• (Scientists
• and students, Research teams)

Innovative technology
Start-Ups
Corporate RD centres
Small and medium- sized companies
Innovative products
Innovations
New businesses
Modern office, residential and infrastructure
environments for innovation
Services (legal, business consulting, etc.)
Developed Communication and Business
infrastructure
Shared centers, Including Skolkovo Cloud
Business incubators and Venture Capital
Sports and health facilities
Innovative buildings and social services
Multifunctional state center
Living quarters
Hospital and outpatient clinic
Kindergartens and schools
10
11
Technopolis Layout Approaches
Total population 14.000 Total employment 11.000
High-rise building area (barrier from Highway and
Moscow urban development areas)
Medium-rise building area
Low-rise building area
Downtown
Base industry areas
The Technopolis to be connected with Moscow by
Minskoye, Skolkovskoye and Borovskoye motorways
and Smolensk and Kiev railways. Vnukovo airport
is situated near (23 km), 54 km to Domodedovo
airport, 36 km to Sheremetyevo airport. All
building spaces will be in the Funds property
and will be leased out.
12
What do we expect from a major partner?

• Establish RD Center and laboratories
• Provide access and support to RD facilities,
  laboratories and start-up companies
• Contribute a significant monetary or research
  equipment donation into research centers
• Support Skolkovo educational programs
• Provide a performance guarantee with regard to 25
  years lease of the real estate property or invest
  in such real estate development
• Introduce Skolkovo related KPIs into internal
  management evaluation system.

13
Our major partners

• Massachusetts Institute of Technology (MIT) the
  contract was signed
• educational and research programs in
  collaboration with leading universities and
  research centers
• creation of a network of joint research
  laboratories
• foundation of a new academic center.
• Boeing the memorandum of understanding was
  signed
• establishment of an office of the Moscow Boeing
  Center for the design of modern civil aircraft
  (in collaboration with Russian companies
  Progresstech and Luxoft) based at the Center.
• Cisco - the memorandum of understanding was
  signed
• establishment of a research center based at the
  Center
• investments in Russian projects aimed at
  developing innovations and creating the
  conditions for entrepreneurial activities
• First-time implementation of Cisco's latest
  concept of Smart Internet-Connected City in
  Russia to increase the level of communication
  within communities.

14
Our major partners

• Siemens - the memorandum of understanding was
  signed
• creation of a Siemens research and development
  center
• cooperation with the project in RD in such areas
  as energy efficiency, materials and software
  development, and transport infrastructure of the
  Center
• support of education programs and start-up
  business incubators.
• Kurchatov Institute Russian Research Center -
  the memorandum of understanding was signed
• Kurchatov Institute will supply its scientific
  base for research activity of Participants of the
  project before completion of building Center
  infrastructure and later on.
• The memorandum of understanding was signed with
  leading Russian universities.

15
COMPARISON OF TAX REGIMES AND OTHER INCENTIVES
ENSURED FOR SKOLKOVO PROJECT PARTICIPANTS

• According to the Federal Law on
• Skolkovo Innovation Center
• (the President Dmitri Medvedev signed a bill
  into law on September, 28th 2010)

16
No. Legal regime For Project Participants For ordinary business entities (other than project participant)
1. Value added tax (VAT) Exemption from VAT obligations for ten years (upon condition of non-exceedance of profit over RUR 300 million as from the beginning of the year following the year when the amount of proceeds exceeded one billion rubles) 10 - 18
2. Income tax Zero income tax rate (upon condition of non-exceedance of profit over RUR 300 million as from the beginning of the year following the year when the amount of proceeds exceeded one billion rubles) 20
3. Property tax Tax exemption not exceeding 2.2
4. Insurance premium rates
- RF Pension Fund 14 20 in the year 2010 26 from the year 2011
- Social Insurance Fund 0 2.9
- Federal Compulsory Medical Insurance Fund 0 1.1 in the year 2010 2.1 from the year 2011
- Territorial Compulsory Medical Insurance Funds 0 2 in the year 2010 3 from the year 2011
17
No. Legal regime For Project Participants For ordinary business entities (other than project participant)
5. Tax accounting as prescribed for the simplified tax system mandatory to maintain in complete form
6. Bookkeeping Possibility to maintain records under simplified system with yearly proceeds not exceeding one billion rubles. mandatory to maintain in complete form
7. Customs duties Refund of import customs duties and VAT expenses paid during import to the RF customs territory. Payment of complete amount of customs duties plus 10-20 VAT with no option of subsequent refund.
8. Technical regulations Possibility to comply selectively with technical standards and regulations of the RF and customs union participants or, in certain cases, member-states of the Organization of Economic Co-operation and Development. Mandatory compliance with technical regulations of the RF and customs union participants.
9. Ensuring sanitary and epidemiological security Possibility to comply selectively with technical standards and regulations of the RF and customs union participants or, in certain cases, member-states of the Organization of Economic Co-operation and Development. Mandatory compliance with technical regulations of the RF and customs union participants.