The Innovation Center “Skolkovo” (“Russian Silicon Valley”) is a modern scientific and technological innovation complex being built in Moscow for the development and commercialization of new technologies. It is the first in the post-Soviet era Russian science city built “from scratch”. The campus of Moscow School of Management “Skolkovo” is located nearby.
The complex will provide special economic conditions for companies operating in the priority sectors of the modernization of the Russian economy: telecommunications, space, biomedical technology, energy efficiency, information technology, and nuclear technology. The scientific director of the complex is a Nobel Prize winner Jaures Alferov.
Skolkovo complex features
The project envisages that about 50 thousand people will live and work on an area of 2.5 million square meters by 2020. As for 2015, “Hypercube” building, an office center “Technopark” (4 buildings), International Aviation Academy (Boeing), “Polyot” recreation area were built and put into operation.
Originally the complex was located in the territory of the urban settlement of Novoivanovsky, near the village of Skolkovo, in the eastern part of the Odintsovo district of the Moscow region, to the west of the Moscow Ring Road, on Skolkovo highway. July 1, 2012, the territory of the innovation center “Skolkovo” became a part of Moscow (Mozhaisk District of the Western Administrative District), after a large-scale expansion of Moscow’s territory.
This place should become a major testing ground for new Russian economic policies with the branch offices and laboratories of leading universities and companies from Russia and other countries.
On the territory of 370 hectares academic research and postgraduate training will be carried out. Skolkovo will have innovative companies, hi-tech manufacturing facilities, housing area, theater, etc.
The funding comes from the federal budget of Russia (infrastructure development including scientific infrastructure). The remaining objects, commercial infrastructure and some social facilities, will be funded within the system of co-financing of the Russian state and business.