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Skolkovo Foundation Expert Pool
Key Operating Principles
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Experts of the Skolkovo Foundation
Experts are key figures in the opera4on process of the Skolkovo Founda4on:
Expert opinion on the compliance of the applica4on with the requirements of the Founda4on is a deciding factor in awarding the par4cipant status to a project.
Feedback forms filled out by experts when evalua4ng Grant Memoranda or reports of Grant Recipients provide a frame of reference for members of the Grant CommiGee in making their decision on the advisability and the amount of funding to be awarded.
External examina4on of innova4on projects is a standard interna4onal prac4ce ac4vely promoted by the Skolkovo Founda4on
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Who may become an expert with the Foundation and what requirements they must meet
An expert is an individual who provides the Skolkovo Founda4on with paid services consis4ng of examina4on of innova4on projects. An expert is a leading professional from research, engineering or business community in his or her focus area who is able to translate the demand and the current trends of the market into the Founda4on’s ecosystem. Founda4on employees and members of the Grant CommiGee may not act as experts.
Expe
rt
Experience of working in a hi-‐tech company in execu4ve posi4on for at least three years over the past ten years or in private venture funds for at least three years over the past ten years.
At least five years of experience in research posi4ons in scien4fic / research / academic Russian or foreign ins4tu4ons (or as a research editor in leading global research magazines)
At least five years of experience in execu4ve posi4ons in R&D or process engineering sectors in Russian or foreign industrial or service companies over the past ten years.
Engineering
Research
Business
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Advantages of participating in the Skolkovo Project
• tax relief • access to services offered by Technopark and other
subsidiaries of the Founda4on • simplified procedure for recrui4ng foreign employees • informa4on and PR support • a grant from the Founda4on
Skolkovo Founda4on Grant
The amount of funding depends on the stage of the Project: Pre-‐seed stage: up to RUB 5 mln Seed stage: up to RUB 30 mln Early stage: up to RUB 150 mln Advanced stage: up to RUB 300 mln
En4tlements of the
Par4cipant status:
A Grant is interest-‐free non-‐repayable funds provided by the Founda4on for a specific purpose.
Grant applica4ons are subject to comprehensive due diligence by both internal offices and external experts of the Founda4on.
The final decision on gran4ng the funds and approving the final report on the use of the funds is made by the members of the Founda4on’s Grant CommiGee.
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Types of appraisal
Applica4on for the
Par4cipant status
Mee4ng of the Grant CommiGee
Formal check of the applica4on and forma4on of the expert panel
Applica4on for a grant
Awarding the Par4cipant status
Formal check of the applica4on and forma4on of the expert panel
Prepara4on of final report
Formal check of the report and forma4on of the expert panel
Mee4ng of the Grant CommiGee
Status applica4on
Grant applica4on
Grant use report
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* Par4cipant (Applicant) process
Founda4on process
Expert process
External examination of the Status application
External examination of the Grant
Memorandum
External examination of the Report
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Key differences between types of examination
Examina4on of a status applica4on
Examina4on of a Grant Memorandum / Grant Recipient Report
The invita4on to examine an applica4on is sent directly to the expert’s personal account without involving the Founda4on’s managers
Examina4on 4meframe: 10 days
Single acceptance of services act once a month
Remunera4on: RUB 10,000
The invita4on to do an examina4on is sent by a Founda4on manager
Examina4on 4meframe: 15/20 days
Separate acceptance of services act for each examina4on
Remunera4on: RUB 35,000
The key difference with grant applica4on examina4on is that the laGer involve a more in-‐depth examina4on of project materials with the expert giving an informed opinion on the following aspects of the project:
Commercializa4on prospects
Team
Risks
Cost es4mate
Investment poten4al
Project execu4on
plan
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How to become an expert of the Foundation
The pool of experts (expert community) of the Founda4on is a community of professionals with unique skills in informa4on, nuclear, energy efficiency, space or biomedical technologies.
The Founda4on imposes strict requirements on the experts in terms of exper4se and experience as they will be called upon to give competent professional opinions to startups on how to get improve their business and grow in the global market.
Selec4on of experts – stages
The forms for candidates can be downloaded at: hGp://community.sk.ru/founda4on/expert-‐directorate/p/page.aspx
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Experts’ responsibility
The experts’ work is assessed by both Founda4on offices and members of the Grant CommiGee. Based on their assessment, the expert may be included in the Grant CommiGee or excluded from the pool of experts.
Good faith
• By agreeing to evaluate a project the expert undertakes to do a complete examina4on. • In the event of force majeure that delays the examina4on, the expert must no4fy a representa4ve of the Founda4on.
Impar4ality
• The expert’s opinion must be fair and impar4al. • The expert must immediately no4fy the Founda4on of any vested interest that he/she may have in the outcome of the project and refuse to evaluate the project.
• The expert may not directly communicate with the applicant. The expert may ask any ques4ons and request clarifica4on through the Founda4on.
Quality
• The expert opinion is a key document that underpins the decision on whether or not to award the Par4cipant status.
• The project Evalua4on Form is to be enclosed with the materials submiGed to the Grant CommiGee. • All expert opinions are forwarded to Applicants to help improve their projects without naming the experts.
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Experts’ privileges
Involvement
• Membership in the Skolkovo Founda4on expert community will enable you to keep abreast of the latest trends in your focus area.
• By evalua4ng a project, the expert contributes to the development of the Founda4on’s Grant Recipients.
Communica4ons
• Experts of the Skolkovo Founda4on have access to regular exclusive events dealing with the development of the Founda4on’s external examina4on system.
• The Founda4on is launching a specialized social media plaform to facilitate communica4on between experts.
Prospects
• Every expert has a chance to become a mentor of a project. • Experts have opportuni4es for their own professional development through interac4on with other experts of the Founda4on across the world.
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Useful regulations for experts to follow
Experts shall be guided by the following regula6ons of the Founda6on in their work: • Regula4on on Awarding and Termina4on of the Par4cipant Status • Grant Policy • Regula4on on Grants • Regula4on on Expert Panels You can find up-‐to-‐date versions of the above documents at the Founda4on’s official web-‐site at: hGp://community.sk.ru/founda4on/documents/
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The point of contact for communication between the Skolkovo Foundation and the experts:
