1. For Direct and Venture Investment
Venture Capital in Russia as the Instrument of Financing the Innovative Enterprises
Oksana Mironova
Project Manager
Russian Association
For Direct and Venture Investment

2. Funds in Russia

3. Sources of Capital
$ 2,94 bln
$ 1,02 bln

4. Investments
TOTAL
Companies financed
163
190
353
Total investment (bln dollars)
1162
1304
2466
Average deal (mln dollars)
7,1
6,8 7

5. Distribution of Investments by Stage (1994-2004)

6. Distribution of Investments by Field (1994-2004)

7. What are the Investments You Need?

8. Has the Enterprise Addressed Venture Investors?

9. Factors Complicating the Investment

10. Venture Fair – Ground for Communications
Congress block
Exposition of the Companies

11. Distribution of Participating Companies by Field

12. Origins of the Projects

13. Russian Association of Direct and Venture Investment (RAVI)