Rusnano: Fostering Nanotechnology Innovation in Russia

04/09/2010 12:00 PM E51"345Anatoly Chubais, General Director; Russian Corporation of Nanotechnologies (RUSNANO); Noubar Afeyan, PhD '87, Managing Partner and CEO, Flagship 87Ventures Description: In both lecture format and conversation with Sloan Senior Lecturer Noubar Afeyan, RUSNANO CEO Anatoly Chubais presents an ambitious plan to create Russia's Nanotechnology Center-a $10 billion, entrepreneurial ecosystem that incorporates education, research and business incubation. Noting that a plan of this depth also requires the deep engagement with an academic institution Chubias discusses the launch of SKOLKOVO, the Moscow School of Management, where MIT Sloan has been involved in a major collaboration.

About the Speaker(s): Anatoly Chubais was born in Borisov, Belarus, then a part of the Soviet Union in 1955. He graduated in 1977 from the Leningrad Institute of Economics and Engineering with a degree in economics. He continued on as an assistant lecturer at his alma mater immediately after his graduation until 1982. He then became an assistant professor until 1990.

Starting in 1990, he served as deputy chairman of the Leningrad Executive Committee. He also advised St. Petersburg Mayor, Anatoly Sobchak, on economic matters. He played a central role in Russia's transformation from a Soviet to market"based economy.

As an influential member of the Yeltsin Administration, Mr. Chubais was instrumental in the privatization of Russia's economy in the 1990s. During his time in office, he held the post of Finance Minister for several terms as well as the post of Chief of Staff of the Presidential Executive Office. In 1997, he became First Deputy Prime Minister of the Russian Federation and Minister of Finance, and presided on the Security Council of the Russian Federation. During that year, Mr. Chubais also awarded Euromoney Magazine's 'Best Minister of Finance of the Year' award.

Mr. Chubais was also chairman of Russia's state electric power monopoly RAO Unified Energy System of Russia for 10 years. More recently, he was appointed by President Dmitry Medvedev as CEO of the Russian Corporation of Nanotechnologies (Rusnano), a non"profit state owned corporation to facilitate interaction between government, business, and the scientist community in the implementation of state policy for the nano"industry. Mr. Chubais has also played an important role in the launch of the SKOLKOVO Moscow School of Management in collaboration with MIT Sloan. Host(s): Sloan School of Management, MIT Sloan School of Management


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