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VEB participates in the Skolkovo Open Innovations forum

VEB co-organised and actively participated in the Open Innovations forum. The event was held in the Skolkovo technopark over 16-18 October 2017. The speakers from the Bank took part in the panel discussion sessions, and agreements for innovation-driving project support totaling RUB500 million were signed at the VEB display, which also featured the innovative designs – that the contestants earlier brought to the One Million Worth Idea new TV show putting spotlight on innovations and innovators.

The VEB stand also displayed the first trial designs and solutions created by the Teenager Involvement Department that is a part of the VEB Blockchain Competence Centre. A highlight was a pilot version of the Blockchain Edu mobile application for blockchain technology training that was created by Andrey Shinkarev, a Russian 10th-year schoolboy from Moscow, and his team. At the Bank’s display visitors could try and pass the test to find out about their blockchain technology knowledge. Another one was the pilot version of the project for blockchain-based nation-wide decentralised registration of the forest resources status designed by Alexander Mamaev and Alexander Tonov, members of the #DeForest team at the Teenager Involvement Department, together with the team of schoolchildren from Russia’s various cities and towns. To learn more about the project please click deforest.ru (in Russian).

Vnesheconombank Chairman Sergey Gorkov participated in the event’s main plenary session another key participant in which was Dmitry Medvedev, Chairman of the Government of Russia.


Photo credits: Alexander Zemlyanichenko / TASS

Dmitry Medvedev: Digital economy has yet become a reality. It is so not due to top-level orders or a few entrepreneurs’ idea. This is all of our settings, surroundings and environment like smartphones, Internet dongles, social networks, e-commercials and electronic payments. All this is now a part of the modern way of life.

Sergey Gorkov was a speaker at the panel discussion titled Applied Quantum Technologies. How Is the World Changing? together with acclaimed experts Tommaso Calarco, Director at the Institute for Complex Quantum Systems (University of Ulm, Germany) and Michio Kaku, famous futurist and a professor of theoretical physics at the City College of New York.


Michio Kaku: Yet today we can be sure that in the future you will not be buying an earlier generation computer. The digital society is based on a simple rule, which is that each new thing should be qualitatively better than the previous one. We are seeing the end of the Silicon Valley era. A breakthrough cannot but happen. Or else no one will be buying computers as actively as they are doing now. The Silicon Valley people will lose their jobs.


At the VEB display, Mr. Kaku’s fans had a chance of getting him to sign his Physics of the Impossible book.

Tommaso Calarco: There are two fundamental things about quantum science. The first is that one person will never achieve a breakthrough here. We must work together. We will not solve this problem by acting on our own. And the second one is that you should never leave physicists alone with their problems. To make new quantum-based devices available to people, various researchers should deal with the challenge. A national programme should be in place that would bring together scientists from multiple areas and disciplines. Meanwhile, users should speak out about what is really important for humans and their community.


First Vice Prime Minister Arkady Dvorkovich noted in his speech that: “…we will rely on our international partners’ assessment and expertise, and we will use our own capabilities. We have expertise gathered by the Skolkovo centre and we have expertise accumulated within the development institutions like VEB, with innovation being a focus of its activity.”

Sergey Gorkov also spoke at the plenary session called Digital Economy. New GOELRO Master Plan. Vnesheconombank is a leading development institution, and so a blockchain technology implementation engine able to launch pilot projects across the public sector.

At the forum, Mr. Gorkov and Novgorod Region Governor Sergey Nikitin announced the launch of a joint blockchain-based pilot project that will address creation of the system to monitor the sufficiency of medications to be procured for people living in the region.

The First Deputy Chairman of Vnesheconombank and member of the Bank’s Board Nikolay Tsekhomsky took part in the discussion called Digital Exports. Russian IT Solutions’ International Outlook.

Mr. Tsekhomsky pointed out that VEB’s mission is not only about lending. It is also about talent recruiting, which is done together with funds. Any story that we help to create here is based on syndication. VEB will be implementing projects together with funds. That is the destination chosen by all the international development banks. This is about the need for our economy to evolve to Economy 4.0. So we do not plan to remain the only investor to finance our projects. We will encourage the inflow of private investments.

Dmitry Kurdyukov, the Bank’s First Deputy Chairman - Member of the Management Board Signed the cooperation agreement with a Russian key government institution called Federal Institute for Industrial Assets (FIPS). FIPS and VEB will carry out training programmes together to train knowledgeable staff at the VEB Blockchain Competence Centre, and will launch joint cross-industry pilot projects using the blockchain technology.

VEB Innovation chief executive Kirill Bulatov signed agreements with the SmartSeedsinnovative agricultural shipment resource (for RUB300 mn) and StartTrackRussian SME and venture investment hub (for RUB200 mn).

Vladimir Demin, Advisor to the VEB Chairman, spoke at the round table titled Cryptoeconomy: Myth or Reality?


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