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Skolkovo Foundation is the principal agency responsible for the Russian Skolkovo Innovation Center, a scientific and technological center for the development and commercialization of advanced technologies.
The Skolkovo innovation system comprises the Skolkovo Institute of Science and Technology (SkolTech) established in partnership with MIT, corporate R&D centers, business incubators, private seed and venture funds, and start-up companies, as well as residential space and social infrastructure.