Belgorod region teams up with federal fund to support local innovation

The government of the Belgorod region in Central Russia is ready to co-fund the 12 best technology projects developed by scientists from Belgorod State University and Belgorod Shukhov State Technical University, the region’s two leading higher education centers, regional portal Belru.rf reported earlier this month.

In addition to about $6,600 from regional coffers, the Russian Fund for Fundamental Research is reportedly expected to provide matching funds.

Fundamental research by the Belgorod scientists covers a broad range of areas including medicine, physics, environmental science, computing and mathematical technologies, construction, and nanotechnology. All research results have been published in Russian and international journals, Belru.rf claimed.

The Belgorod regional government and the Fund are expected to invest anywhere between $7,000 and $14,000 in each of the 12 projects.

Topics: Belgorod, Finance, News, Policies, Regions & cities, Venture / Private equity
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