An agreement signed during the recent Moscow International Forum on Open Innovations brought together a number of companies in cooperation on organizing an information exchange.
The banks involved include Vnesheconombank, OJSC The Russian Venture Company, OJSC ROSNANO, OJSC SME Bank, the Small Enterprises Support Fund in Scientific and Technical Sphere, the Moscow Interbank Currency Exchange MICEX RTS, the Skolkovo Foundation, the Russian Foundation for Technological Development and the Strategic Initiatives Agency.
The agreement would regulate a process of transferring information on the results of considering investment projects between the said parties. Such investments would include providing information on expert examinations of projects, marketing and other research activities.
Through the agreement, the parties will create an analogue of a credit histories bureau for projects that received support of development institutions. This would help avoid any risk of overlapping expert examinations and speed up decision-making on supporting projects that are moving to the next stages of innovative lift.
More Stories
- EUROPEAN INVESTMENT BANK: Bosnia and Herzegovina: EIB provides €340 million to advance works on northern part of Corridor Vc
- ABN AMRO SERVICES COMPANY: Fempower Your Growth: like tindering with female entrepreneurs
- EUROPEAN INVESTMENT BANK: Egypt: Team Europe - EIB and Banque Misr work together to support private businesses and speed up the recovery of SMEs from COVID-19
- ASIAN DEVELOPMENT BANK: ADB, NNS Sign Loans to Build Milestone Solar Power Project in Uzbekistan
- ASIAN DEVELOPMENT BANK: $123 Million ADB Loan to Help Build Elevated Walkways in Manila
- EUROPEAN INVESTMENT BANK: Germany: EIB provides €15 million of funding to IDnow
- ASIAN DEVELOPMENT BANK: CAREC Endorses Long-Term Strategy to Promote Safe, Sustainable, and Inclusive Tourism
- EUROPEAN INVESTMENT BANK: EIB Group provides €150 million to support artificial intelligence companies
- ASIAN DEVELOPMENT BANK: ADB Approves $430 Million to Help Rehabilitate Power Distribution Networks in Uttar Pradesh, India
- EUROPEAN INVESTMENT BANK: Greece: EIB backs EUR 470 million road safety scheme