FEATURES OF VENTURE FINANCING OF INNOVATIVE START-UPS AND PROJECTS
The article deals with innovative startups that, with rare exceptions, reach the level of the project. In terms of the Fourth industrial revolution for the regions of Russia are relevant developments in the field of extreme automation, in particular robotics, cyberphysical systems, biotechnology. The lack of incentives to invest in innovative start-UPS and projects can be devastating for the regional economy. The authors consider the specifics of venture funds investing in innovative projects, note the risks that create difficulties in creating an innovative product. The mechanism of interaction between the venture Fund and the initiators of innovative start-UPS, projects, which will create the end result in the form of commercialization of products and services.