The Moscow Times
The volatile republic of Dagestan, a key battleground between federal authorities and Islamist insurgents, is striving to dispel its image of a dangerous hot spot by attracting investors and creating a technology oasis.
As part of this policy, the Plug and Play Dagestan technology incubator opened its doors Friday in Makhachkala.
It is a joint venture between Russian companies Global Venture Alliance, or GVA, and Summa Group and the U.S.-based Plug and Play technology center from Silicon Valley — the organization that helped Google’s founders Sergey Brin and Larry Page, and PayPal masterminds Peter Thiel and Max Levchin to make their companies industry leaders, recognizable throughout the world.
Plug and Play first came to Russia in 2012 when it joined forces with GVA and the Moscow government to launch their first Russian business acceleration program, Plug and Play Moscow. Under the leadership of Summa Group, the program has now come to Dagestan, said Jupe Tan, Plug and Play’s international operations vice president.
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The Moscow Times