The Skolkovo Foundation on Wednesday signed a cooperation agreement with the Saratov State University.

The agreement sees SSU share research findings with Skolkovo, which will intensify efforts to help boost the startup industry in the city on the Volga river.

It was signed Wednesday on the sidelines of a conference devoted to innovating in difficult economic times at the Skolkovo Hypercube in the presence of Skolkovo president Victor Vekselberg.

Founded in 1909, Saratov State University is one of the oldest leading educational institutions of the country.

SSU has significant research and innovation potential and plays an important role in the socio-economic and cultural development of the region. It is one of the developers and executives of Saratov Region high-tech development program.  The university is part of в international educational and research environment, cooperating with 56 European, Asian and American universities.

The University encompasses 13 faculties, five educational institutes and three colleges. They embrace 175 departments, including 10 corporate chairs.