Government Allocates Innovation Fund Resources

The Council of Ministers of Belarus, by Resolution No. 156 of April 1, allocated resources from the republican centralised innovation fund. The document was published today on the National Legal Internet Portal and entered into force on the day of its adoption.

Under the resolution, 7.56 million Belarusian roubles from the innovation fund will be allocated to the Joint Institute of Mechanical Engineering of the Academy of Sciences for the construction project “Reconstruction of the specialised transport facility on Minsk Ring Road (5th km), Lipkouskaya Street, with the construction of a testing building”.

In addition, the Industry Ministry will receive nearly 5.3 million Belarusian roubles to finance research, design and technological development work.

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