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Russian Post is Thinking of Launching a Corporate Venture Fund
10.02.2020 00:09
Russian Post is Thinking of Launching a Corporate Venture Fund

Russian Post is looking for a contractor that will evaluate the feasibility of launching a corporate venture fund.

      The initial price of the contract makes up 59.8 million roubles; the contractor will have to prepare two documents - a long-term development program and an innovative development program. “Creating these is obligatory for strategic open joint-stock companies and FSUEs, as well as usual open joint-stock companies; a total share of the Russian Federation in the authorized capital of these exceeds 50%” , as the company representative reported. It is assumed that the own fund of the Russian Post will be included into the state-owned company’s innovative development program until 2024. The option of Russian Post joining the existing funds supporting the Russian innovation ecosystem is also being considered.

Author: Anna Dorozhkina

Tags: Russian business Russian companies    

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