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October 2007 |
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The MTBC recently hosted a group of four Russian executives and incubator managers, courtesy of the U.S. State Department’s International Visitor Leadership Program. The guests were Maksim Cherkasov, Director of the Business Incubator at Nizhniy Novgorod, Nikolay Guz, Vice President of the South Ural Innovation and Venture Fund from Chelyabinsk, Oleg Martyanov, Science Manager and Vadimm Yakolev, Section Chief at the Boreskov Chemistry Institute along with translators Irina Paramonova and Kristina Terra. The delegation was interested in the details of the process of how university research is used to create a commercial enterprise. As far as organized venture capital funding, the group admitted that there is very little present in Russia today but the hopes are to build an equity access structure. The visitors were particularly interested in STARTech, one of DFW’s leading technology incubators/accelerators. They were amazed to learn the number of jobs and follow-on investments that STARTech’s portfolio companies had produced. The 2-hour visit provided for an excellent exchange of information in both directions, and the Russians indicated they would like to maintain contact with MTBC for various types of cooperative ventures in the future. Tech Link is a monthly publication of the Metroplex Technology Business Council Communications Department. |
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