Venture capital investment in innovative business in the Russian regions

The article analyzes the main factors and phases of the formation of a venture economy in Russia, the development of investment in business projects related to the planning and implementation of modern technologies and products, innovations in the activities of business structures. The article explains the importance of creating companies with free financial opportunities and the expediency of their participation in financing small and medium-sized innovative enterprises along with the government support, private venture funds and business angel investors. Innovation and investment activities are interconnected, since neither can exist alone without the other. Without the investments, it is not possible to create venture enterprises of small and medium forms of ownership, the main purpose of which is to create and develop the most modern new products. The main purpose of venture funds is to find the most talented people with modern ideas and support them by taking the organization of financing these operations for themselves. The developers of new products must have the financing for the organization of work, the necessary equipment for conducting the research, expendable materials and a payroll budget for the researchers. The American experience has a proven practice of participation of the developers with breakthrough ideas and venture funds in organizing of mass production and receiving profit at all stages of production.