Russia Ukraine Market Study To Provide Canadian Businesses a Competitive Advantage
July 19, 2007

 

Russia is back again in the technology race, as President Putin pours billions into promoting the tech sector -- $9-billion into nanotech alone!

A survey being launched today by the Canadian Advanced Technology Alliance (CATA) is the preliminary phase of a multi-stage study of the Russian-Ukrainian market being conducted in collaboration with the University of Quebec.

++ Call to Action:
Please respond to this survey if you currently or soon plan to conduct business in or partner with companies located in Russia & Ukraine! Closing date is July 30th, 2007! Click here to access survey: http://www.e-penso.com/survey/s?s=CATARussiaUkraine

The market study will result in the production of a comprehensive guide that will allow its users to determine, among other information, what the barriers to entry are, what the penetration rate of existing Hi-Tech business is, which market segments are under serviced, the kind of financing required in setting up a Hi-Tech business in Russia Ukraine, and how CATA members can tap into some of the social and institutional funding available to them.

"The country that launched the space race is now reaching for leadership in the technologies that will shape our world tomorrow," says CATA VP, Research, Kevin Wennekes. "Russia is pouring $1.2-billion into its venture capital sector alone. This survey will help us baseline the popularity of the Russian-Ukrainian market as a business destination for the Canadian hi-tech community. From our picture of the products and services these firms are currently exporting, we can help frame policies to help overcome their identified challenges, and increase the volume of business taking place."

This study adds to a growing list of similarly successful Market Study reports including Japan, EU, India, China and Latin America .

The online survey will take less than 5 minutes to complete and is available only until July 30th. Your feedback will help direct which sectors and regions the next stages of the study will cover, and your participation will help ensure your interests are registered.

All those who participate will receive a complimentary copy of the report generated from their participation. For more information on the study and to arrange for an interview, please contact Muriel Debroy at mdebroy@cata.ca or by calling (613) 236-6550.