Trade Mission to Russia a success

The Nanotechnology Knowledge Transfer Network (NanoKTN) and the Institute of Nanotechnology (IoN), have reported the success of the 2010 International NanoMicroClub (INMC) NanoMission to Russia, undertaken to support UK nanotechnology SMEs in international business development.

With funding from the Technology Strategy Board, a team comprising of Integrated Nano- Science & Commodity Exchange Ltd, Nanomobile Ltd, Vantix Ltd, Cambridge Nanomaterials Technology Ltd Nokia Research Centre, Cambridge and Magmatech Ltd, visited the annual RusNanotech conference and exhibition in Moscow, where total of 64 meetings were held. Of these, 32 opportunities were followed-up and discussed further, and two of the companies are in the process of applying for investment funding from the Russian Nanotechnology Corporation (RUSNANO). Bojan Boskovic, Director of Cambridge Nanomaterials Technology Ltd, a nanotechnology consultancy, comments, “The mission was an excellent platform for me to make strategic contacts and to better understand the RUSNANO organisation and the funding initiatives, and I anticipate future business opportunities.”

Olga Leonardova, Project Coordinator, Vantix Ltd also attended the mission and adds, “I am grateful to the NanoKTN and Institute of Nanotechnology for organising and supporting the UK NanoMission to Russia. I would not have been able to attend the forum without that support. It was very beneficial for us to be part of the mission. I think it would be more difficult to meet people of such calibre if I had attended the conference on my own.”

Charles McGovern, CEO of INSCX exchange, added, “We found the mission most beneficial in strengthening our links with the RUSNANO organisation. We hope the continuation of these initiatives will lead to wider collaboration with Russian nanotechnology companies in general and such efforts in our opinion hold great promise for the future development of the emerging industry.”