Innovation Space Partners
African Export-Import Bank (Afreximbank)
Innovation Space Partner

African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. Afreximbank deploys innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Afreximbank is working with the AU and the AfCFTA Secretariat to develop an Adjustment Facility to support countries in effectively participating in the AfCFTA. At the end of 2021, the Bank’s total assets and guarantees stood at about US$25 billion, and its shareholder funds amounted to US$4 billion. Afreximbank disbursed more than US$51 billion between 2016 and 2021. The Bank has ratings assigned by GCR (international scale) (A-), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). The Bank is headquartered in Cairo, Egypt.

VEB Ventures
Innovation Space Partner

VEB Ventures is a company of the VEB.RF group, created to support high-tech projects through direct transactions and venture capital fund management. Among the priorities of VEB Ventures are financing promising companies using their own funds, private and public funds, as well as assisting Russian startups in entering international markets. The company offers projects not only venture capital investments, but also operational management support tools, as well as access to financial products of VEB.RF Group companies. This allows us to formulate support schemes for Russian innovative companies taking into account their individual needs, including to facilitate access to international markets.

Oleg Teplov - CEO, VEB Ventures

Skolkovo Foundation
Innovation Space Partner

Skolkovo is the biggest innovation center in Russia. It plays a prominent role in strengthening the foundation of the national economy. Startups promoted by Skolkovo offer domestic hi-tech products for industrial applications, health care, transport industry, IT and many other industries. Skolkovo ecosystem is a suite of specialized customer-centered services and relevant support measures for innovative industries: from acceleration and support of private investors and university-based startups, to overseas patenting and customs clearance. Skolkovo Technopark is the largest industrial park in Eastern Europe. Skoltech, Skolkovo’s ‘science core’, in 2021 was among the best young universities worldwide, according to Nature Index. In 2021, the total revenues of Skolkovo residents grew almost by 55%, as compared with 2020, reaching RUB 247.8 billion. As of May 1, 2022 the number of Skolkovo startups exceeded 3,300. The number of jobs within the ecosystem is about to reach 70,000.

Igor Drozdov - Chairman of the Board, Skolkovo Foundation

Innovation Space Partner

The State Oil Company of the Azerbaijan Republic (SOCAR) is involved in exploring oil and gas fields, producing, processing, and transporting oil, natural gas, and gas condensate, marketing petroleum and petrochemical products in domestic and international markets, and supplying natural gas to the industry and the population of Azerbaijan. Three production divisions of various profile, two oil refineries, a gas processing plant, a deep-water jackets factory, two trusts, a scientific research institute, and 23 other subdivisions are operating as corporate entities within SOCAR structure.

Joint ventures (including ventures in Georgia and Turkey), consortia, and operating companies established with SOCAR's participation are doing business in different parts of the petroleum industry. SOCAR has representative offices in Georgia, Germany, Great Britain, Iran, Turkey, Kazakhstan, Romania, Switzerland, and Ukraine, as well as trading companies in Nigeria, Singapore, Switzerland, Vietnam, and other countries.

«GeoKey» LLC
Innovation Space Partner

GEOKEY is a Russian company that combines more than 20 years of experience of the team of authors who created the technology of ultra-deep georadar sounding of soils "LOZA" and the administrative capabilities of a team of high-class managers based on a solid financial basis.

The LOZA technology installed in GEOKEY is a method that provides non-destructive GPR scanning (to a depth of up to 300 meters, depending on soil types) solves geophysical problems in any climatic conditions from + 50 to - 45C.

The company uses copyright software to decrypt and process the results.

The main feature is the energy potential of the device, which is 10,000 - 100,000 times more powerful than any other GPR transmitter.

The technology was accepted by the Russian Ministry of Justice for judicial construction and technical expertise, included in the regulatory framework for surveys and construction, and is also included in the list of innovative technologies of the Russian Ministry of Transport.

Alexander Krylov - General Director of GEOKEY LLC