... innovation centers in Mexico, Brazil, and other countries enhance global competition for capital and talent. Russia and CIS: Local Focus Amid Global Trends Despite external constraints, active steps are being taken in Russia and neighboring countries to develop their own startup ecosystems, aligned with global venture trends. At the St. Petersburg International Economic Forum (SPIEF-2025), a new venture fund from PSB Bank was announced in partnership with others (target amount – 12 billion rubles) to invest in dual-use projects (drones, AI, robotics, and other high-tech areas). Besides government institutions,...

... lookout for "diamonds" across the globe, broadening the geographical search for promising teams. Russia and CIS: A Local Focus Amid Global Trends Despite external constraints, active steps are being taken in Russia and neighboring countries to develop their own startup ecosystems in line with global trends. At the St. Petersburg International Economic Forum (SPIEF-2025), a new venture fund from PSB Bank was announced in partnership with others — targeting around 12 billion rubles, funds are planned to support dual-use projects (drones, AI, robotics, and other advanced areas). In addition ...

... for "diamonds" worldwide, expanding the geography of their search for promising teams. Russia and the CIS: Local Focus Amidst Global Trends Despite external restrictions, active steps are being taken in Russia and neighboring countries to develop their startup ecosystems while considering global trends. At the St. Petersburg International Economic Forum (SPIEF-2025), a new venture fund was announced by P.S.B. Bank in collaboration with partners—a target of around 12 billion rubles, aimed at supporting dual-use projects (drones, AI, robotics, and other cutting-edge areas). In addition ...

... gathered half the world, and everyone came to Kazan. Europe wanted to abandon our gas, and we opened a whole gas hub. But from an economic standpoint, there is no benefit. Everything that is profitable is already working. Gazprom is already selling its excess ... ... Europe.” By the end of the decade, Turkey may emerge as a natural gas producer for the European market. This relates to the development of the Sakarya field in the Turkish part of the Black Sea,” says Sergey Tereshkin, CEO of Open Oil Market. The ...

... business growth. Conversely, there are those who believe that the market crisis presents an excellent opportunity to start a new venture. Though this group is in the minority, their ideology is valid. A crisis can indeed serve as a prime starting point for developing a significant project. Many companies did not survive the turbulent market and economic conditions, leading them to sell assets to settle debts. This situation has arisen from reduced demand, decreased liquidity, and a decline in the value of the national currency. At the same time, others can capitalize on this scenario by acquiring ...