The Russian Siberian region of Tomsk has closed a 12 billion ruble deal ($384.8 million) with Britain's Isis Innovation, a technology transfer company for Oxford University, to help Tomsk innovators enter the European market, Vladislav Zinchenko, deputy governor for research, innovation policy and education, said on Friday.
"We have attracted a well-known consulting company, which brings new innovation projects to the European market," Zinchenko told RIA Novosti. "We will have to select projects within a month."
He said that Isis would teach Russian specialists to compile business plans in formats understandable to foreign investors.
Isis has studied over 30 innovation projects by Tomsk companies and the regional administration wanted no less than one-third of them to enter international markets.
TOMSK, December 3 (RIA Novosti)
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