Russian Venture Company (RVC)

RVC (Russian: Rossijskaja Venchurnaja Kompanija) (JSC) is a state fund of funds[1][2] and a development institute of the Russian Federation, one of Russia's key tools in building its own national innovation system. RVC is founded by Russian Government dated June 7, 2006 No. 838-р[3]. In 2015, RVC was assigned the role of the National technology Initiative (NTI) project office – a long term complex program designed to create conditions to ensure leadership of the Russian companies on the new high technology markets which will determine the structure of the global economy in the next 15-20 years[4].