DIVERSIFY AND MODERNIZE THE RUSSIAN FULLY-INTEGRATE RUSSIAN SCIENCE AND DEVELOP HUMAN CAPITAL THROUGH WORLD-CLASS RESEARCH AND EDUCATION

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1 20 JULY 2011

2 THE MISSION OF SKOLKOVO SKOLKOVO IS A STRATEGIC DEVELOPMENT INITIATIVE DESIGNED TO: DIVERSIFY AND MODERNIZE THE RUSSIAN ECONOMY THROUGH INNOVATION AND ENTREPRENEURSHIP FULLY-INTEGRATE RUSSIAN SCIENCE AND TECHNOLOGY INTO THE GLOBAL ECONOMY DEVELOP HUMAN CAPITAL THROUGH WORLD-CLASS RESEARCH AND EDUCATION CREATE GLOBALLY-COMPETITIVE KNOWLEDGE-BASED COMPANIES 2

3 GUIDING PRINCIPLES Attractive for world-class talent, institutions and businesses: open, transparent, fair Ecosystem should become self-sustaining over time Maximization of private participation and competition Physical and network-based (virtual) components of Skolkovo should be developed simultaneously Proper governance is key to success 3

4 Technology maturity / market acceptance Early Mid Late WHY SKOLKOVO? NORMAL TECHNOLOGY ENVIRONMENT Technology S-Curve Private Equity IPOs Large Corporates Commoditization of Technology Entrepreneurs VC Basic Research Applied Research Time 4

5 Technology maturity / market acceptance Early Mid Late WHY SKOLKOVO? CURRENT RUSSIAN SITUATION The Gap : Research not linked to market Little early-stage financing or services Result: little commercialization Private Equity IPOs Large Corporates Commoditization of Technology Entrepreneurs VC Basic Research Applied Research Time 5

6 Technology maturity / market acceptance Early Mid Late SKOLKOVO ECOSYSTEM GOAL: FILL THE GAP WITH TOOLS FOR EFFICIENT COMMERCIALIZATION 6 CORE ELEMENTS Basic Research 5 Technology Clusters Technopark Key VC Partners Virtual Skolkovo Entrepreneurs Applied Research Skolkovo Institute of Science and Technology City Infrastructure Large Corporates Commoditization of Technology Time 6

7 BUILDING THE SKOLKOVO ECOSYSTEM SKOLKOVO INSTITUTE OF SCIENCE AND TECHNOLOGY (SIST)

8 SKOLKOVO INSTITUTE OF SCIENCE AND TECHNOLOGY World s first graduate university to fully-integrate research, education, innovation and entrepreneurship Core of Skolkovo ecosystem In partnership with: Source of high-caliber talent 1200 graduate students and 200 faculty by programs, 15 research centers (each with 3-4 labs) 8

9 SIST: VISION AND STRATEGY PRIVATE GRADUATE UNIVERSITY INTEGRATING RESEARCH, EDUCATION, AND INNOVATION, ATTRACTING OUTSTANDING FACULTY, RESEARCHERS, STUDENTS, AND INDUSTRIAL PARTNERS FROM AROUND THE WORLD; ORGANIZED AROUND KEY MULTIDISCIPLINARY TECHNOLOGICAL CHALLENGES FACING RUSSIA AND THE WORLD PARAMETERS: 5 ACADEMIC DEGREE GRANTING PROGRAMS (IT, BIOMED, ENERGY EFFICIENCY, SPACE AND NUCLEAR TECH) EACH PROGRAM IS COMPOSED OF THREE (ON AVG.) MULTIDISCIPLINARY RESEARCH CENTERS, EACH OF WHICH WORKS ON A MAJOR SCIENTIFIC PROBLEM EACH RESEARCH CENTER IS COMPOSED OF SEVERAL (3-4 ON AVERAGE) LABS, WORKING ON PARTS OF THE PROBLEM 1200 GRADUATE STUDENTS (50% INTERNATIONAL STUDENTS BY 2020) 200 FACULTY MEMBERS (BY 2020 AT LEAST 70% WILL HAVE PHD DEGREES FROM LEADING UNIVERSITIES) STRATEGY: 1. SETTING UP GOVERNANCE: INDEPENDENT INTERNATIONAL BOARD OF TRUSTEES; STARTING RECTOR S SEARCH, FACULTY HIRING IDENTIFYING MECHANISMS FOR LONG-TERM FINANCIAL SUSTAINABILITY ESTABLISHING MULTIDISCIPLINARY RESEARCH CENTERS AROUND INTERNATIONAL ACADEMIC TEAMS (2 CENTERS) 4. LAUNCHING RESEARCH-BASED EDUCATIONAL PROGRAMS (MASTERS AND PHDS)

10 SIST: OVERVIEW 10

11 SIST MISSION: TO CREATE THE CLASS OF ENGINEERS- ENTREPRENEURS Skolkovo University will set the new standard in higher education and research in Russia Engineering A Center for Entrepreneurship and Innovations (CEI) will spread entrepreneurial spirit across the institute. Entrepreneursi hp Research It will provide technology licensing, industry liaison and other services. 11

12 MIT INSTITUTIONAL PARTNER OF SIST MIT will ensure a most professional, timely, qualitative and according academic principles guided SIST. MIT will organize and supervise 5 research centers (one for each Research Program of the SIST) Connect and guide the research and educational processes at SIST towards industry implementation and commercialization MIT will set up Center for Entrepreneurship and Innovation, assist in commercialization of research MIT will assist in setting up proper governance structure, services and policies at SIST 12

13 SIST: CRITICAL ELEMENT OF SK ECOSYSTEM SIST is: source of high-quality talent magnet for Russian and foreign corporates (contract research) best practices in IP management and commercialization transparent, meritocratic, globalized 13

14 External infrastructure External venture funds Universities SIST: CRITICAL ELEMENT OF SK ECOSYSTEM Clusters SIST Skolkovo Funds Technopark Management courses on going global Spin-off center Venture kick Coaching and development Infrastructure Corporate services Managerial services Funding Outside service providers Venture entrepreneurs, incubators 14

15 SIST: TIMELINE AND MILESTONES PHASE PHASE PHASE PHASE SIST LEADERSHIP & FACULTY Hire President and recruit Board of Trustees Hire Program s and CEI Hire Deans of Research and Education Commence hiring permanent faculty First SIST faculty begin faculty development program at MIT First SIST faculty (Pilot program) return to SIST SIST faculty teach Pilot classes Further SIST faculty return to SIST and integrate into Research Centers Continue SIST Faculty Development program at MIT STUDENTS CURRICULUM & PROGRAM DESIGN SIST advertises MIT advice Pilot program and on recruits students admission process SIST advertises regular program Pilot students take classes First cohort of students admitted Admit and teach subsequent student cohorts CAMPUS Design of Masters and PhD curriculum Dean of Education coordinates curriculum MIT commences transfer of core subjects MIT & SIST coordinate new tracks with RCs MIT distance co-teaching of some subjects in Pilot program MIT development and transfer of new subjects MIT distance co-teaching of some subjects Develop and teach new degree tracks in the Programs Design phase RESEARCH Lease and outfit temporary space Break ground Dorms and classrooms open General labs open Specialized labs open MIT prototypes Research Centers Interactive Workshop in each Program Teams develop short white papers Teams submit proposals to SIST First Round of RC Proposals Peer review of proposals Approved Research Centers funded Approved RCs begin work CENTER FOR ENTREPRENEURSHIP AND INNOVATION Second Round of RC Proposals Third Round of RC Proposals Further expand Research Centers Desig n CEI Hire CEI Hire CEI Admins Administrator Capacity Enhancement Program for CEI Admins Hire CEI faculty First CEI Innovation Grants Industry outreach commences Short course on E & I for RC researchers Host SIST students for one month entrepreneurship program Continue CEI Innovation Grants and educational experiences 15

16 SIST: GOVERNANCE Board of Trustees President International Advisors VP Student Affairs General Counsel VP and Provost Executive VP VP Resource Development VP Alumni Affairs CE&I ES&T Nuclear IS&T BS&T SS&T Dean Research Faculty Faculty Faculty Faculty Faculty Faculty Students Students Students Students Students SIST will be governed as a non-profit corporation Board of Trustees will consist of international business and academic leaders Transparent governance will benefit students, faculty, staff and community 16

17 17 SIST: RESEARCH CENTERS RAMP UP TIME Start-Up Stage Ramp-Up Stage Ending Stage Co- Co- Co- Co- $4M 6-7 Faculty SIST SIST $4M 6-7 Faculty Int l Partner Russian Partner $4M 6-7 Faculty Int l Partner Russian Partner $4M 6-7 Faculty Int l Partner Russian Partner $4M 6-7 Faculty

18 SIST: START UP International and Russian research centers enter into cooperation Partners prepare a joint Research Proposal and pass through peer review process Set up the governance of the Research Center Some part of the research staff (Profs, postdocs and students of each partner) is affiliated with Skolkovo and get founding from Skolkovo Partners start to hire a new staff and equip new labs in the frame of Skolkovo Research Center 18

19 SIST: RAMP UP Partners conducting a full scale research process at their locations with intensive academic exchange and cooperation Lectures, conferences, workshops, summer schools Visits and student exchange, faculty exchange Joint measuring sessions and events SIST enrolls MS and PhD students (2013) New facilities are built on SIST campus, SIST hires permanent faculty for programs; new labs are established 19

20 SIST: OPERATIONS SIST resident faculty are conducting a full scale research process at SIST with intensive scientific exchange and cooperation Research centers are governed jointly by partners Academic staff and students of the Partners have opportunity to move with their experiments to the SIST (September 2014) 20

21 21 SIST: RESEARCH CENTERS RAMP UP TIME Start-Up Stage Ramp-Up Stage Ending Stage Co- Co- Co- Co- $4M 6-7 Faculty SIST SIST Int l Partner Russian Partner $4M 6-7 Faculty $4M 6-7 Faculty Int l Partner Russian Partner $4M 6-7 Faculty Int l Partner Russian Partner $4M 6-7 Faculty

22 SIST: ACADEMIC COLLABORATION SIST will actively seek complementary collaboration agreements with other academic institutions, both within the Russian Federation and internationally. SIST has already signed a number of Memorandum of Understandings with leading universities outlining collaboration intentions. Russian Universities Moscow Physical Technical Institute (Phystech) International Universities Stanford University Moscow State University Dana Farber Cancer Institute at Harvard* Saint-Petersburg State University University of Southern California Universities in Tomsk and Novosibirsk University of California, Berkley * planned signing mid July

23 SIST AT SKOLKOVO INNOVATION CENTER Campus / Classrooms, offices, laboratories, libraries, student center, dormitories Office space for start ups Residential housing / Apartments (1 120/373), townhouses(1 400/466), houses (279/94) Services /5 550 Retail, entertainment, cafes and restaurants Social infrastructu re / Schools, kindergartens, hospital, Sport and recreation Total /

24 Thank You