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Oct 17, 2017

Russian Railways and Skolkovo Foundation to work together to support tech start-ups

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Russian Railways’ President Oleg Belozerov and Skolkovo Foundation President Viktor Vekselberg have signed an agreement on cooperation in the presence of Russian Deputy Prime Minister Arkady Dvorkovich.

The signing took place in the framework of the Open Innovations 2017 Forum now being held at the Skolkovo Technopark.

The parties intend to cooperate on the development and implementation of innovative technologies, work with innovative companies, develop joint tools for interacting with start-ups and develop the innovation environment at Russian Railways.

"This is a significant stage in our strategic partnership and will enable us to use Skolkovo's infrastructure and communication environment for the innovative development of rail transport," said Oleg Belozerov.

"The current agreement reinforces the partnership which has already been established between Skolkovo and Russian Railways. The search for the R&D which Russian Railways needs has long been actively pursued, for example, including through joint competitions. We are also carrying out work to introduce innovative developments made by companies based at Skolkovo at enterprises owned by Russian Railways. At the same time, today's agreement is an important step forward since it signals that our partnership is undergoing a serious expansion and reaching a new level," said Viktor Vekselberg.

Cooperation between Russian Railways and Skolkovo will help to form a system of to select and accelerate innovative start-ups to be implemented at Russian Railways. To achieve this, it is planned to create a joint working group and a roadmap for the measures to be implemented.

The Skolkovo Foundation intends to support Russian Railways in finding innovative projects and development teams among the innovative community, organising work with start-ups, and also in providing the opportunity to use the necessary infrastructure and services available at Skolkovo.

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