The session aimed to provide an insightful discussion on “Corporate Venturing in Russia”, starting from an overview of the Russian business ecosystem, and delving into the role corporate plays in innovation development and promotion. As Open Innovation is now an effective framework for the mobilisation of start-ups, the session analysed the effectiveness and impact of such programmes on the economic development of the region. Furthermore, during the session corporate intrapreneurship tools and methodologies targeted at building entrepreneurial culture were discussed.