The largest and highest-profile Russian government delegation to visit the U.S. in five years is coming to Boston next week to boost technology-sector business opportunities between the two countries.
Twenty-plus officials will be in town for Tuesday's Russian Innovation Week Conference at the Boston Center for the Arts. Some 400 participants are expected at the second annual event, which was extended to the Hub after being held only in Silicon Valley last year.
"The East Coast corridor — New York to Boston — is equally as strong as Silicon Valley," said Axel Tillmann, CEO of RVC-USA, the Boston-based U.S. arm of the government-backed Russian Venture Co. "Many people are interested in ... either taking companies that come from Russia and Russian ideas and commercializing them in the U.S., (or taking U.S.) ... companies into the Russian market."
Technology companies ranging from Hopkinton-based EMC Corp. to Microsoft and Intel have development centers in Russia, Tillmann noted.
Russia has the potential to become a technology leader, and its government is investing in initiatives such as Rusnano, a $10 billion, state-backed investment fund; Russian Venture Co.; and Skolkovo Scientific Center for the Development and Commercialization of New Technologies, said Richard Golob, CEO of Cambridge's GGA Software Services.
"Those three programs represent a major step forward on the part of the Russian government in its efforts to support innovation and technology development and entrepreneurship," said Golob, whose firm's primary development facility has been in St. Petersburg since 1994."
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