Russian Venture Company
RVC is a government fund of funds and a development institute of the Russian Federation, one of the Russia's key tools in building of its national innovation ecosystem. The main objectives of RVC are as follows: 1) encouraging development of the Russia's venture capital industry, 2) performance of the functions of the Project Office of the National Technology Initiative in Russia. The authorized capital of AO “RVC” equals to more than 30 bln RUB. 100% of the RVC capital belongs to the Russian Federation represented by the Federal Agency for Public Property of the Russian Federation (Rosimushchestvo). The total number of funds organized by AO “RVC” has reached 26, its total amount - 35.1 bln RUB. AO “RVC” share equals to 22.5 bln RUB. The number of innovative companies approved for investment activities by RVC funds has reached 214. The total amount of funds approved for investment - 17 bln RUB.