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13 February 2024, 19:00

Brest Oblast innovation fund to allocate Br55.8m for new projects

BREST, 13 February (BelTA) – Over Br55.8 million will be allocated for innovation projects (works, events) in Brest Oblast. These expenses will be financed from the innovation fund of Brest Oblast Executive Committee in 2024, Lyudmila Chabritskaya, the head of the innovation department with the economy committee at the Brest Oblast Executive Committee, told BelTA.

Last year the innovation fund received over Br34.2 million. Of them about Br16.5 million was designated for innovation projects. For example, these projects included a new presses project at Pinsk-based Kuzlitmash, a project to make innovative self-propelled rollers at Amkodor-Pinsk, the innovative project to manufacture medicines and preparations out of blood plasma in Gantsevichi and a project to make a new type of products at Ivatsevichdrev. 

The innovation fund also financed the development of the Brest Science and Technology Park, organization of scientific events, seminars and conferences. Brest State Technical University received funds for a construction industry laboratory.

In 2024, the innovation fund is set to allot over Br55.8 million. In particular, Br9.5 million has already been earmarked for Kobrin-based Sitomo tool plant to launch the production of chrome-plated blanks of hydraulic cylinder rods. Significant finances have been provided for the projects of Goryn construction materials plant, Stim Group, Ivatsevichdrev. A total of Br5 million has been set aside for the development of the Brest Technopark. This money will be used to create its branch - the industrial park in Baranovichi.

The innovation fund will also finance digitalization projects and allocate about Br14 million for these purposes this year. Digitalization of healthcare will be financed. “There may be other goals. We have 14 applications in digitalization. If they pass the competitive selection, the procedure of approvals and inclusion in the regional complex, they will get the financing,” Lyudmila Chabritskaya said.
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