Anatoly Chubais Director-General of the Russian State Corporation of Nanotechnologies (RUSNANO) is interested in innovation products of SUN llc. The 40 minutes meeting took place in St-Petersburg in October 8-10 during the International Forum of Innovations. Anatoly Chubais pointed to 3 directions that are interesting for RUSNANO

• NANOink SunFlower on the basis of nanotechnology (nanoparticles of 40-60 nanometers are used in manufacturing);
• Electronics and NEO UV-LED printers with its base;
• Production space for printing of LCD dispalys.

These projects are interested for RUSNANO not only because of the scientific potential, but also due to the commercial perspectives. RUSNANO is ready to provide overall support to SUN Llc. The amount of investments to innovative SUN projects is to be $40 million by estimate. Acting as a co-investor RUSNANO takes 50 % of shares, for our partners that mean governmental guarantees in safety and stability of the project. SUN llc was evaluated approximately on $100 million by independent experts.

We expect one of the business managers and the group of experts of RUSNANO in the end of this week for more detailed contact.

Russian Corporation of Nanotechnologies ("RCNT")

The Russian Corporation of Nanotechnology was established to address the growing challenge that arises with the rapid development of new technologies in the scale of nano.  As stated by many experts, nanotechnology may be one of the most important industries in the XXI century.

The necessity of creating such corporation was formulated in 2007 by President V. V. Putin in his annual message to the Federation Council of the Federal Assembly of Russian Federation. The executive and legislative branches of power have constructed a law which was signed by the President of Russian Federation on July 19 2007.

The Corporation is a Governmental financial instrument established exclusively to develop nanotechnology and the nanoindustry throughout the Russian Federation. The Corporation intensifies the development of innovative nanotechnologies by bridging between the product development and the market place by investments at an early stage. The investments are made in volumes sufficient to attract private funding at all stages of the innovation pipeline.

Acting as a co-investor, the Corporation is not involved in the pursuit of profit and competition with private business. The main task is to assist business by sharing the development risk of nanotechnologies that have high commercial or social potential. The Corporation provides support of research and development, education in the field of nanotechnologies and financial support for innovative projects. The Russian State Corporation of Nanotechnologies undertakes project evaluation with participation of best experts and organizations both from Russia and other countries.

http://rusnanotekh.ru/