Open Joint Stock Company "Venture Company" Yakutia "was created in 2011 by order of the Government of the Republic of Sakha (Yakutia) of 05.10.2011 № 1044-r" On the participation of the Republic of Sakha (Yakutia) in the creation of "Venture Company" Yakutia " , according to which the decision on the participation of the Government of the Republic of Sakha (Yakutia) in the establishment of "Venture Company" Yakutia "with a share of 50 percent plus one share. Second shareholder with an interest of 49 per cent stake was JSC "Republican Investment Company." The purpose of participation of "Republican investment company" in the authorized capital of "Venture Company" Yakutia "is to attract investors to the economic development of the Republic of Sakha (Yakutia), as well as for the development, implementation, coordination of investment and innovation programs and projects in all sectors of the economy of the Republic of Sakha ( Yakutia). Before of "Venture Company" Yakutia "tasked to facilitate the implementation of the main directions of innovation policy and innovation infrastructure of the Republic of Sakha (Yakutia). The company accomplishes this through co-investment in innovative projects with significant economic and social potential. Company chooses the investment priorities based on long-term forecasts of development, the development of which the Company has attracted leading regional and Russian experts. Supporting output design companies on domestic and foreign markets, strengthening their mutually beneficial interregional and international relations, the Company is developing cooperation with leading Russian and international venture partners. Project financing on favorable conditions for all. We act as a co-investor projects. Our main task - to take on some of the risks (including financial) for innovative projects that the partnership with the applicant to make them attractive. The volume of funding provided is determined individually based on the evaluation of the project. It should be sufficient to attract additional investors in the project, but can not exceed a controlling stake - 50% of the share capital of the project company (except in certain cases, approved by the Board of Directors of the Company). Our participation in the investment project limited time. The financial support of the Company are eligible projects aimed at creating a competitive innovative products and services.