29 May 2013

EADS was present at Russia’s first annual youth entrepreneurship and innovators conference, the Skolkovo Startup Village – which provided more than 2,000 startup companies the opportunity to directly interact with potential investors and business partners during high-level workshops, unique lectures and live discussions, along with one-on-one consultations.

This three-day event was held May 26-28 in the Moscow-area Skolkovo Technopark, and was organized by the Russian government’s Skolkovo Foundation to increase interaction between startup companies and big business, as well as to foster innovative entrepreneurship.

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The Skolkovo Startup Village in Russia included matchmaking exercises to bring together startup companies with potential investors (photo at left). At right, Richard Forster of EADS Innovation Works is on the scene for his participation at the event.

EADS itself has investments in three very successful startup companies in Russia, consisting of its Datadvance joint venture to create world-leading simulation tools; Telum, a Russian leader in military and professional radio communication systems development; and the EADS Russian Technology Office, which is the research and technology organization of the EADS Group in Russia. 

The Russian Technology Office was established in 2003 as part of the EADS Innovation Works corporate research and technology arm of EADS, with the goal to facilitate cooperation with the Russian research and development community.

Russian Prime Minister Dmitry Medvedev paid a visit on the Skolkovo Startup Village conference’s final day, providing a major vote of confidence for this project and allowing Medvedev to see first-hand progress of the Skolkovo Technopark – which is Russia’s new high-technology hub, acting as an incubation center tasked with facilitating the country’s cooperative research and technology projects.

As a Skolkovo Foundation partner, EADS participated in the event’s roundtable discussion on the role of startup companies in innovative development of large integrated corporations. EADS was represented by Richard Forster of EADS Innovation Works.

Forster presented the EADS experience of working with small businesses internationally. In particular, he highlighted the considerable value that EADS has gained by working with startups in Western European initiatives such as the European Framework projects and national technology clusters including the TechnoCampus in Nantes, France.

Forster wrapped-up the discussion by inviting Russian startups to contact the EADS Russian Technology Office team, with the aim of building more mutually beneficial cooperation with Russia’s high-tech sector.