The article considers the mechanism of IPO of innovative company as a way to exit from venture fund in Russia. It’s analyzed the role of business angels, government support funds and venture capital funds in the financing of innovative companies at different stages of development. It’s identified the problems of venture capital development in Russia. Article examines the mechanism of the IPO as the final stage of the innovative lift. It’s given the estimation of the prospects and benefits of the innovation and investment market as an exchange platform for IPO of innovative companies.
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