Press about RVC

Russian-Belorussian venture investment fund will fund the three new projects.

30.11.2018
Source: BelRos

Today, about 30 projects are on the different consideration stage.

Russian-Belorussioan venture investment fund plans to finance three new projects, the chairman of the State Science and Technology Committee in Belarus reported to the journalists before the meeting of the Committee forming the common science and technology space of the Union state, BELTA reporter informs.

"Last year we approved the first transaction related to funding of the venture project. Today, about 30 projects are on the different consideration stage. The decision on funding the tree projects is expected by the end of the year. In several days, the meeting of the Investment fund should hold in Moscow", Aleksandr Shumilin said.

He noted that venture investment mechanism is new for Belarus. The Fund is created in 2016 with the help of RVC, RVC Infrafund and Belorussian innovation fund. The target fund size is 1.4 billion RUB with the ability of further increase upon investors' decision. Last year, the first transaction related to funding of the venture project was approved. This is a project that produces exercise machine for rehabilitation after apoplectic attack and other disorders.




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