Finnish-Russian Innovation Alliance in Nanotechnology

(Nanowerk News) The aim of the programme is to create a Finnish-Russian nanotechnology transfer platform, with global industry-university co-operation -model, for the benefit of nanotechnology enabled industries on both sides of the Finnish-Russian border.

Finnish-Russian Innovation Alliance on Nanotechnology has five service areas focused on building partnerships:

•  Innovation Programmes: Funding instrument awareness, project fundraising and application services with public funding programs from Finland, Russia and EU

•  Partner Search: Events and databases for matchmaking between Finnish, Russian and other international parties

•  Market Analysis and Foresight: Market surveys, newsletters and special task forces on Russian market for innovation and modernization technologies

•  Business Development and Technology Transfer: technology transfer and business development services for university research projects and SMEs

•  Venture Capital: Awareness raising on venture capital sector players and opportunities

Innovation Alliance accelerates nanotechnology innovation by:

•  Networking innovative companies, universities and financing parties

•  Providing services for boosting cross-border co-operation

•  Fostering technology transfer and creation of new business

The Finnish-Russian Innovation Alliance provides benefits for several stakeholders: Universities & Research Institutes; High-Tech Growth Companies; Global Industry Leaders; Investors; Cities.

For Universities & Research Institutes: Finnish-Russian Innovation Alliance on Nanotechnology increases number of international industrial partners for contract and co-financed R&D projects and promotes:

•  Increased cooperation between top-level international universities and research organizations. R&D projects/ broader access to public funding instruments; Scientific personnel exchange; Higher utilization rate of equipment by joint use.

•  Increased cross-border tech-transfer activities

•  Project registration form

For High-Tech Growth Companies: Finnish-Russian Innovation Alliance on Nanotechnology provides easier access to market through extensive networks, as well as:

•  Gateway to a broad network of international industrial partners, investors and IPR/technology sources

•  Access to the latest available R&D equipment in the universities and research institutes in Finland and in North-West Russia

•  Access to cross-border R&D funding

For Global Industry Leaders: Finnish-Russian Innovation Alliance on Nanotechnology brings competitive edge from emerging materials technologies by providing:

•  Access to the extensive pool of cutting edge research results, IPR and top level scientists

•  One-stop-shop for Finnish and North-West Russian universities and research institutes

•  Active initial screening of the research results pool

For Investors Finnish-Russian Innovation Alliance on Nanotechnology provides an increased number of high-potential investment targets, ensuring:

•  Increased exit potential of the existing portfolio companies by bringing added value to them directly (partners, R&D cooperation etc)

•  Access to IPR complementary to assets of the portfolio companies

•  International co-investors

For Cities: Finnish-Russian Innovation Alliance on Nanotechnology brings competence to the regions by:

•  Attracting Foreign Direct Investment

•  Building a positive public image/visibility

Finnish Russian Innovation Alliance on Nanotechnologies is funded by the Finnish Ministry of Foreign affairs under the Finland's cooperation with its neighboring areas programme