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Quantum Valley (INTC)

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2021: Creating a Center

Prime Minister Mikhail Mishustin signed a decree on the creation of the Quantum Valley Innovation Scientific and Technological Center (INTC) in the Nizhny Novgorod Region. This was announced by the press service of the Government of the Russian Federation on December 2, 2021.

10 land plots are used for the scientific center, and five main clusters will be formed in the structure. It is assumed that by 2030, 1.3 thousand employees will work in Quantum Valley.

Mikhail Mishustin approved the creation of the Quantum Valley innocentre

On the basis of a new innovative scientific and technological center, it is planned to develop modern digital technologies, including quantum technologies and artificial intelligence. Among the activities of the center are also the creation of innovative industries, intelligent transport systems, the implementation of projects in the field of high-tech personalized medicine and medical instrument making, the solution of problems in the field of ecology and the elimination of accumulated damage.

It is planned that the establishment of the centre will be financed from the regional budget and extrabudgetary funds. The implementation of the project will expand the production of high-tech products, increasing its share in the total output, the press release said. It is also assumed that this will contribute to the development and strengthening of cooperation between science and business, the commercialization of breakthrough technologies and the creation of new jobs.

The Law on Technological Valleys, adopted in Russia in 2017, provides for the creation of a network of such centers, which will become part of a single innovative ecosystem, which allows us to bring scientists' development closer to the real needs of the economy and stimulate the development of technologies.

The development of the INTC network in the regions is an important tool for supporting technology companies and startups with the prospect of exporting and transferring technologies using scientific and educational potential, the Cabinet said.[1]

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