Russian Venture Company

Stelco Holdings Inc. Reports Second Consecutive Quarter of Record Results in Q2 2021 and Doubles Dividend

Retrieved on: 
Tuesday, August 10, 2021
Intention, Face, International Financial Reporting Standards, OPEB, News, Holding, Company, Pressure, Consolidated, Conversation, Investor relations, Review, Electricity, Ownership, Iron, Financial statement, SEDAR, Forward-looking statement, Phrase, PIN, Policy, Projection, Environment, IFRS, Mission statement, Board, International, Tax, Management, Budget, Acquisition, Perception, Russian Venture Company, Webcast, Growth, EBITDA, MD, Risk management, Tutoring

Stelco Holdings and its subsidiaries ended Q2 2021 with current assets of $1.0billion, which exceeded current liabilities of $825million by $188million.

Key Points: 
  • Stelco Holdings and its subsidiaries ended Q2 2021 with current assets of $1.0billion, which exceeded current liabilities of $825million by $188million.
  • Non-current liabilities of $566million as at June 30, 2021 include $400million of obligations to independent pension and OPEB trusts.
  • Stelco's Holding's Board of Directors approved the payment of a regular quarterly dividend of $0.20 per share which will be paid on August 31, 2021, to shareholders of record as of the close of business on August 25, 2021.
  • Stelco management will host a conference call to discuss its results tomorrow, Wednesday, August 11, 2021, at 9:00 a.m.

Leading Angel Investor Group Hosting 10th HyperAccelerator Program, Targeting Impact Companies

Retrieved on: 
Wednesday, April 29, 2020
Finance, Money, Investment, Entrepreneurship, Private equity, Business incubators, Angel investor, Venture capital, Startup company, Barcelona Ventures, Russian Venture Company

Rockies Venture Club (RVC), the largest angel investor group in Colorado, is hosting their next Impact HyperAccelerator program on June 22nd through June 29th, 2020.

Key Points: 
  • Rockies Venture Club (RVC), the largest angel investor group in Colorado, is hosting their next Impact HyperAccelerator program on June 22nd through June 29th, 2020.
  • The program is designed to help seed-stage startups prepare to raise money from venture capital and angel investors.
  • This Demo Day is followed by RVC's syndication investment process for those companies that garnered the greatest interest from RVC's angel investor network.
  • Founders or prospective mentors interested in applying to participate or learning more about the RVC Impact HyperAccelerator can visit http://www.hyperaccelerator.org .

Russian Accelerator GenerationS Voted One of the Best in Europe

Retrieved on: 
Monday, December 3, 2018
Business, Business incubators, F10, Economy, Corporate accelerator, GenerationS, Accelerator, Russian Venture Company

GenerationS - Russian Venture Company's corporate accelerator - came out on top of the shortlisted nominees for "Best Corporate Accelerator" at the "Corporate Startup Summit 2018", ahead of F10 FinTech Incubator & Accelerator of Switzerland and Germany's ProSiebenSat.1 Accelerator.

Key Points: 
  • GenerationS - Russian Venture Company's corporate accelerator - came out on top of the shortlisted nominees for "Best Corporate Accelerator" at the "Corporate Startup Summit 2018", ahead of F10 FinTech Incubator & Accelerator of Switzerland and Germany's ProSiebenSat.1 Accelerator.
  • "Over the five years, during which it has been working with corporate innovations, GenerationS has amassed a wealth of experience, both on Russian and international markets.
  • We thank the experts for their high evaluations and we are especially proud of the fact, that a Russian accelerator has become a part of the international community," commented Ekaterina Petrova, director of the GenerationS corporate accelerator.
  • In 2018, GenerationS became the first Russian accelerator to gain acceptance by the Global Accelerator Network (GAN).

PwC and the Russian Venture Company Reveal Russian Venture Capital Market Grows by 48%

Retrieved on: 
Tuesday, November 13, 2018
Economy, Finance, Money, Entrepreneurship, Private equity, Russian Venture Company, Venture capital, RVC, PricewaterhouseCoopers

As in 2016, the total size of the venture capital ecosystem amounted to USD 410 million.

Key Points: 
  • As in 2016, the total size of the venture capital ecosystem amounted to USD 410 million.
  • PwC and the Russian Venture Company (RVC) are presenting the seventh annual review of the Russian venture industry, MoneyTree: Venture Market Navigator (MoneyTree: Russia), for 2017 and the first half of 2018.
  • However, grants constitute non-marketable sources of funding and are not taken into account when determining the venture capital market volume.
  • The Russian Venture Company is a state fund of funds created to develop the venture industry in the Russian Federation.

Up Great International Technology Contests Launched in Russia

Retrieved on: 
Tuesday, July 24, 2018
Russian Venture Company, Transhumanism, X Prize Foundation, Research, DARPA, Skolkovo Foundation, Nuclear Threat Initiative, Skolkovo, Structure, Human behavior

Russian Venture Company (RVC), Skolkovo Foundation, and Agency for Strategic Initiatives announced the call for applications for Up Great technology contests implemented within the National Technology Initiative (NTI).

Key Points: 
  • Russian Venture Company (RVC), Skolkovo Foundation, and Agency for Strategic Initiatives announced the call for applications for Up Great technology contests implemented within the National Technology Initiative (NTI).
  • Up Great is a new format of open calls in Russia based on the model of prestigious international competitions such as XPrize and Darpa Grand Challenge.
  • The applications for the first three contests - "Winter City," "First Element.
  • South Korea through Korea Institute for Advancement of Technology (KIAT) has become the first international partner of Up Great contests.

RVC Renews Investment Strategy

Retrieved on: 
Tuesday, July 17, 2018
Economy, Private equity, Corporate finance, Entrepreneurship, Venture capital, RVC, Russian Venture Company

In order to increase the efficiency and transparency of the investment decisions, an additional instrument, the RVC Investment Committee, will be used.

Key Points: 
  • In order to increase the efficiency and transparency of the investment decisions, an additional instrument, the RVC Investment Committee, will be used.
  • Within the instruments of the investment strategy, RVC will supplement the product line with new investment tools.
  • "The renewal of the investment strategy is due to both a new stage in the development of RVC, and the evolution of the national venture capital industry.
  • As a result of the strategy implementation, we expect to increase the efficiency, safety and profitability of RVC's investment activities, and to create a platform for further growth of the venture investment market and advanced technological development of the Russian economy," Alexei Basov, Deputy General Director and Investment Director of RVC, stated.

Russian AgroTech Start-Ups Will Get Acquainted With France

Retrieved on: 
Thursday, May 24, 2018
GenerationS, Geography of Europe, Europe, World, Russia, Russian Venture Company, Internet Initiatives Development Fund

An internship for the Russian start-ups - the alumni of the Russian start-up accelerator GenerationS run by RVC will take place in France.

Key Points: 
  • An internship for the Russian start-ups - the alumni of the Russian start-up accelerator GenerationS run by RVC will take place in France.
  • The co-organizer of the internship is the Business France agency.
  • The developers will have an opportunity to meet the representatives of the innovative community of France.
  • The largest Russian and international corporations, in whose interests the selection and acceleration is carried out, annually become industrial partners of GenerationS.