| THE REGIONAL PROGRAM | ||
|
The National Union of Business Angels of Russia (RUSSBA) is suggesting cooperating in establishing or further improving essential mechanisms for innovative development in the regions of As shown by practice worldwide, the environment required to develop business-angel investing is integration of business angels into regional networks which perform functions vitally important for their members. They take over the major amount of qualified work in searching, selecting and preparing projects in the format required by business angels; they also provide a platform for searching co-investors and sharing experience among business angels. Therefore, to establish regional business angel networks is an important task for today.
Here, a challenging problem arises from the fact that Additionally, a problem exists in what relates to qualitative valuation and analysis of feasibility of innovative project commercialization and preparation of business proposals for investors.
Based on the existing situation and realizing the challenges at the stage of regional innovative system development, the National Union of Business Angels has defined and started implementing a Regional RUSSBA Program. The present program consists of two mutually complementary subprograms, namely Establishing a regional business angel network and A new nudge to small innovative business development in the region.
It is supposed that this program will be jointly implemented by RUSSBA specialists and other participants involved such as representatives of regional authorities, business community, higher educational establishments, scientific research institutes, corporations, inventors, etc. In the course of this activity, regional representatives will be trained and will be given methodological materials and technologies to work with innovative projects. The program Implementation will result in improvements in mechanisms for selection and preparation of small innovative companies at their early stages to investment inflow, presentations of regional high-tech projects to investors, establishment of business angel network and increase in qualifications of regional specialists along with acquisition of practical skills in the area of commercialization of technologies. Concurrent implementation of the above interrelated subprograms will result in synergy effect on acceleration of innovative development in the regions. Moreover, a strong informational nudge will be given to foster changes in the public opinion, and first and foremost, in the business community’s and authorities’ attitudes towards innovative economy as economy of the future.
|
  |
|
|
|
|
|
|
Events
|
|
21.08.2008
The Russian-Bulgarian Forum «Prospects of Innovative Cooperation between Bulgaria and Russia»
|
|
|