Skolkovo Innovation Center

In February 2010, Dmitry Medvedev announced the establishment of a modern technological innovation centre in Skolkovo (on the outskirts of Moscow) for research and development, with an area of 1.5 million square meters, dubbed as Russia's own Silicon Valley after its namesake in the United States. The centre will focus on research in five priority areas: energy, information technology, communication, biomedical research, and nuclear technology. 

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