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First Russian-American Forum on Business Incubation Was Held at MGIMO-Unversity

On November 14-15, 2011 MGIMO-University and National Business Incubation Association (USA) have joined together to produce the first Russian-American Conference on Business Incubation on the MGIMO campus in Moscow.

Russian-American Forum on Business Incubation was held at MGIMO-Unversity.

NBIA is the world's leading association of incubators and technology parks, which includes more than 900 members from around the world. The Moscow Forum was attended by more than 100 representatives of business incubators, technology parks, banks and venture capital companies from Russia, USA, Azerbaijan, Belarus, and Ukraine.


Yuri Azarov of the Moscow Chamber of Commerce delivers a keynote address.

The event featured experts from Russia, Europe and the United States. The program included sessions on business incubation best practices, funding start-ups and preparing companies for entering international markets. The event also contained sessions for incubation professionals supporting both technology and nontechnology companies and featured lessons applicable for business incubation professionals in both university and non-university settings.

At the opening ceremony of the Forum keynote adresses were delivered by the MGIMO Rector Anatoly Torkunov, Counselor for Economic Affairs of the U.S. Embassy in Russia Stuart Dwyer, general manager of the Moscow Chamber of Commerce Yuri Azarov and board member of NBIA Karl LaPan.


Currently more than 11 000 incubators operate in the U.S. Tom Strodtbek, director of international programs NBIA: «Every dollar invested in the business incubator turns into $30. According to studies, over the past 25 years, the vast majority of new jobs created in the U.S. is due to startups and business incubators".

In Russia there are more than 1100 active business incubators and technology parks. Olga Hotyasheva, Chairman of the Organizing Committee of the Forum and director of the MGIMO business incubator: “The main task of our Forum is fostering the climate favorable for the transfer of the world's best expertise in Russia and the exchange of experience between Russian and foreign participants in the industry".

At the Forum Russian National Award in Business Incubation and innovative entrepreneurship "Young Lions - 2011" was awarded. “Best Classical Business Incubator" went to the Zelenograd incubator, the best student business incubator was awarded to the incubator of Saratov State Socio-Economic University. Among the projects that have been named the best were “LingvaLeo” (business incubator Strogino) and GMP "Pulse" (business incubator of the Kemerovo State University). The award for the incubator business manager went to Karelia’ Vasily Nikolayev.

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