... foundation for future growth is gradually being laid. Investors are shifting their focus to more mature projects with proven business models, while the government is expanding support through the development of IT education, accelerators, and special tax regimes. Local startups are striving to integrate into global value chains, leveraging their strengths in cutting-edge technological fields (AI, Big Data, etc.). Conclusions: Cautious Optimism and Quality Growth As of early August 2025, sentiments in ...

... for future growth is being gradually laid. Investors are shifting their attention to more mature projects with well-thought-out business models, while the state is expanding support through the development of IT education, accelerators, and special tax regimes. Local startups are striving to position themselves in global value chains, leveraging their strengths in advanced tech areas (AI, Big Data, etc.). Thus, the Russo-neighboring ecosystem is striving not to fall behind global venture trends and ...

... modest, the groundwork for future growth is gradually being laid. Investors are shifting their focus to more mature projects with well-thought-out business models while the government is expanding support through IT education, accelerators, and special tax regimes. Local startups are striving to integrate into global value creation chains, relying on their strengths in advanced technology areas (AI, Big Data, etc.). As a result, the Russian and neighboring ecosystems are trying not to fall behind global ...