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Intel becomes Skolokov resident company

Intel plans to engage more than 700 software programmers from research centres
Photo EPA/ITAR-TASS
Photo EPA/ITAR-TASS

ST. PETERSBURG, June 21 (Itar-Tass) —— Intel has become a resident company of the Skolkovo innovation centre.

The decision was announced on the eve of the St. Petersburg International Economic Forum, which is opening on Thursday, June 21, by the Industrial Advisory Board that includes more than 20 large Russian and foreign companies.

The first project approved by Skolkovo experts is the creation of a GLONASS-based intellectual automobile system using open source software.

Intel plans to engage more than 700 software programmers from research centres in Moscow, St. Petersburg and Novosibirsk for the implementation of its projects.

The Industrial Advisory Board is an independent advisory body to the Skolkovo Foundation. The board includes representatives of major Russian and international companies, in particular Skolkovo’s key partners Nokia Corporation, Intel, IBM, AFK "System”, SAP, EMC, Microsoft, Siemens, Alstom, General Electric, Nokia Siemens Networks, Ericsson, EADS, Renova, ISS Reshetnev, HC "Composite», Cisco, Dow, Johnson & Johnson. The involvement of recognized world leaders in Skolkovo is a necessary condition for its formation as a start-up and innovation centre.

The Skolkovo Foundation has the mandate from the Russian government to help accelerate the transformation of Russia from a resource-intensive to an innovation-based economy through strategic partnerships with leading scientists and corporations (currently numbering almost 500 companies and start ups). The Foundation aims to strengthen the links between Russian and international science, technology, education, entrepreneurship and investment communities. To achieve this objective it is overseeing the creation of the Skolkovo Innovation Centre composed of five R&D clusters, a Technopark, the Skolkovo Institute of Technology (a new graduate research university established in collaboration with the Massachusetts Institute of Technology) and Skolkovo City, located near Moscow. Together these entities will establish a vibrant eco-system of technological innovation and entrepreneurship. The Foundation is a non-profit organisation founded in May 2010 by the Russian Government with a grant of 5 billion U.S. dollars.