A Memorandum of Understanding in the field of innovation was signed between Moscow and Chengdu (China)

Moscow Agency of Innovations  and Service center of technological innovation of ChengDu Hi-Tech Industrial Development Zone of China signed a Memorandum of Understanding on cooperation in the field of science, technology and the development of innovative activities.

The signing took place during a return visit of the delegation of the Moscow Agency of Innovations to Chengdu to participate in the International fair of innovation and entrepreneurship.

The cooperation between the two cities in the area of innovation involves the creation of permanent forms of cooperation for the exchange of information and technologies, and joint activities (startup competitions, specialized symposia, conferences, etc.).

The first step in the framework of cooperation will be the formation of a working group to provide expert advice on business development in the territory of the partner cities for innovative SME in priority areas: health, education and information technology. In the future there will be a possibility of opening representative offices of medium and large innovative enterprises on the territory of partner city.

Another important initiative in the framework of cooperation will be joint development and realization of the idea of creating a business incubator with the acceleration program to support high-tech enterprises operating on the territory of both countries.