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Financing terms for high-risk innovation projects to be discussed in Minsk

MINSK, 4 July (BelTA) – International science-to-practice seminars on the issues of financing terms for high-risk innovation projects will take place in Minsk in July, BelTA learnt from the press service of the State Science and Technology Committee (SSTC).

A seminar on financing high-risk innovation projects will be held for specialists of government bodies on 11 July. Partaking in the event will be representatives from Austria, Great Britain, Hungary, Germany and the UNECE. They will review state policy instruments used in advanced countries to support innovation projects with high risks. The participants of the meeting will discuss ways to improve the forms of financing innovation activity in Belarus with the use of the best foreign practices.

On 12-13 July the Belarusian capital will play host to a training on financing innovations in small business and startups. The training will be using a program unit that consider financing of the early stage of the innovation course developed by the UNECE. “The unit takes into account the specific character of innovation companies, their support of innovations and their investment status,” the press service said. The targeted audience is administration and residents of technoparks, heads of small innovation firms including startups as well as officials, managers and experts in scientific and innovation policies.

The organizers of the seminars are the Committee on Economic Cooperation and Integration of the United Nations Economic Commission for Europe, the State Science and Technology Committee, the Belarusian Institute of System Analysis and Information Support of Research and Technology Sector under the auspices of the Belarusian Innovation Fund.