Belarusian-Russian VC fund to be created to help start-ups

Alexander Shumilin, Chairman Belarusian State Committee for Science and Technology

Alexander Shumilin, Chairman Belarusian State Committee for Science and Technology

Belarusian-Russian VC: Russia and Belarus are planning to establish a joint venture capital fund this year to help start-up companies access investment for new projects, the chairman of the Belarusian State Committee for Science and Technology Alexander Shumilin said this week. Speaking at a press conference on the Day of Belarusian Science, he said that applications for funding to the Belarusian Innovation Fund had risen more than threefold in recent years, but that it currently had limited resources. Rosbalt