Russia's Start-up Visa Program

SUPPORT MECHANISM:
Timeline:

Launched in 2011 and in effect until 2020 

MONITORING + EVALUATION METHODS

1000 visas until 2020 

RESULTS:

450 visas by 2016 

CHALLENGES + LESSONS TO DATE:

Implemented only in the territory of the Skolkovo Innovation center.

NOTES + ADDITIONAL CONTEXT:

Country that implemented this policy: Russia  on the territory of the Skolkovo Innovation Center in Moscow region (16 km from downtown Moscow).

The Skolkovo Foundation is a non-profit organization founded in September 2010 at the initiative of the Russian President. The Foundation’s objectives are to mobilize Russia’s resources in the field of modern applied research and to create a conducive environment for scientific innovations across five priority areas for technological development: energy and energy efficiency, space exploration, biomedicine, and nuclear and computer technologies. The project involves establishing the Skolkovo Institute of Technology (Skoltech), research institutes, business incubators, a technology transfer and commercialization center, offices of foreign companies and R&D centers, residential areas and community infrastructure, as well as  repeating this formula in other designated Russian innovation regions. The activities of the Skolkovo Innovation Center are regulated by a special law which provides its residents with a number of financial privileges. The cumulative revenue of Skolkovo’s resident companies through December 2014 reached $1 billion. These companies have raised over $220 million in investment, created 13,500 jobs, and filed for over 1,300 patents. By 2020 over 2 million square meters of residential and office space will have been built in Skolkovo, with 35,000 people working there.  
On the territory of the Skolkovo Innovation Center there are benefits for foreign specialists and startup founders: 
-    Easy way of getting invitation and working visa
-    Services on registration for the start up and the team

http://sk.ru/technopark/services/p/visa_support.aspx