History of ZNTC

2010 is a year of launching ZNTC activity

Officials of Rusnano, Zelenograd Innovation and Technology Center and Moscow State Institute of Electronic Technology have signed and stamped the investment agreement of the project aimed to create Zelenograd Nanotechnology Center.

The subscription of the document was on August 31st , 2010 in the office of Rusnano in Moscow.

It was foregone by the victory of the business-plan of the Nanotechnology Center in the open call for proposals on creation of Nanocenters.

It took around half a year to prepare the launch of innovative facilities including preparations of necessary documents and completion of the financial model.

The main specialization of the center was stipulated: sensors of physical, biological and chemical quantities; intellectual navigation systems for transport management, aviation and space equipment, and special application; medical systems and diagnostic complexes on the base of sensors; VLSI design through SoC technology; intellectual electronic of energy systems, devices and equipment.

The sum of investment from Rusnano is approx. 1B rubles, ZITC and MIET have invested over 1B rubles of their assets on parity basis in the form of high-tech equipment and special facilities – “clean rooms”.

The organizational chart is very close to the classical organization of technoparks, but with several important differences. Firstly, it is an expensive high-tech infrastructure. In case of Zelenograd Nanotechnology Center – it is a full-scale crystal manufacturing, certified by SEMI. Secondly, it is participation of private investor Zelenograd Innovation and Technology Center with the share of higher than 50%. Lastly – the team of specialists, which has successful experience in business-incubation projects.

The duration of the project is 7 years. The breakeven point is 4 years. The payback period of operational budget is expected in 2017.

Anatoly Kovalev is assigned to be a Director General of the company. Before the assignment he was deputy direcot general of Zelenograd Innovation and Technology Center. Doctor of technical sciences. Was the head of special economic zone “Zelenograd”.

The second half of 2010 is devoted to formation of the company and development of the short-term strategy of development.

Two R&D projects are completed and profit is gained on the results of 2010.

Key facts of 2010

July 22, 2010 – registration of ZNTC

August 31, 2010 – subscription of investment agreement

September 13, 2010 – formation of board of directors of ZNTC.

November 29, 2010 – ZNTC has signed first R&D contract "Development of technical solutions for creation of sensors of physical quantities with an option of data record on smat-cards or transfer to mobile payment systems through NFC or ISO 14443 protocols".