Skolkovo innovation center (Moscow)

 science, invisible, science and technology park, innovation centre / center

The Skolkovo innovation center (also Russian Silicon Valley in Skolkovo) is a planned high technology business area to be built at Skolkovo near Moscow, Russia. The site is intended to be a highly modern complex created to encourage scientifically-technological based companies. The Skolkovo Innovation Centre is tasked with concentrating intellectual capital and encouraging the development of various technologies. As corporations and individuals become "residents" of the city, proposed projects and ideas receive financial assistance.Skolkovo was announced on November 12, 2009 by then Russian president Dmitry Medvedev. The complex is headed by Russian oligarch Viktor Vekselberg and co-chaired by former Intel CEO Craig Barrett.