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Skolkovo (Russian: Ско́лково) is a rural locality (a village) in Odintsovsky District of Moscow Oblast, Russia, located 2 kilometers (1.2 mi) west of MKAD near the Setun River. Population: 325 (2005 est.).
In March 2010, Russian President Dmitry Medvedev announced the plans to create Skolkovo innovation center—a modern technology complex to encourage scientific research and development. The construction of the center is expected to start in the vicinity of Skolkovo in 2011. Currently, another major project is realized near Skolkovo - the construction of the campus of Skolkovo Moscow School of Management.