Euro Venture fund will support start-ups of Leningrad Region

Last week within the annual Forum of Small and Medium-Sized Business of the Leningrad

Region “Energy of Opportunities. Development Formula” the agreement on future joint work

was reached by Euro Venture fund of Euroinvest Investment Company and the newly

formed Regional Engineering Center (structural subdivision of State Public Institution

“Leningrad Region Center of Business Support”).


“The prospects of our cooperation with Euro Venture fund are promising”, Yuriy Kozinov, Head

of the Regional Engineering Center, notes. “Most of enterprises of the Leningrad Region are

ready to introduce innovations in areas of their activity but not all of them have necessary funds.

In my opinion, strategic cooperation of our center and venture fund may become rather fruitful”.


“We consider the Leningrad Region as one of the strategic regions, therefore, our fund is

oriented at as effective cooperation with it as possible”, says Andrey Berezin, founder of Euro

Venture fund, Chairperson of the Board of Euroinvest IC”.


In  his turn, Roman Romanyuk, Director of Euro Venture fund, speaking at the session “Digital

Economics, Advanced Technologies and Innovations” mentioned: “One of the main tasks of the

fund is to form long-term cooperation with different participants of the innovation-venture

ecosystem being formed at present in Russia and in the nearest future agreements will be

concluded with our key partners – higher education institutions, technology parks and

engineering centers”.


The fact that the Governor of the Leningrad Region Alexander Drozdenko shared such

interesting idea as creation of a mining farm on the basis of LNPP in his speech at the plenary

meeting of the forum indicates significance of digital economics in the region. “As you know,

the construction of LNPP-2 is being completed in Sosnovy Bor. In this connection large areas of

the first nuclear power plant become available. We thought a lot how to use them in the future

including a modern technology park and now the idea to propose the site for creation of

innovative power-intensive industries has come to our mind. We don’t rule out that the site may

be interesting for Russian cryptocurrency developers”, he said.