July 5, 2006 at 16:12Venture IT fund will be created in early July
President Putin and Minister Gref agreed that a venture fund for investment in the IT industry will be created within the next few days, and the state will invest 1.4 billion rubles in it, without waiting for the creation of a fund of funds, contrary to the previous requirements of the Ministry of Economic Development, the Vedomosti newspaper reported. " .
According to Oleg Byakhov, director of the strategy department for building the information society of the Ministry of Information Technologies and Communications, the state will initially invest 1.4 billion rubles in the fund, and over the course of the year, private investors will have to add another 1.5 billion rubles.
According to Oleg Byakhov, director of the strategy department for building the information society of the Ministry of Information Technologies and Communications, the state will initially invest 1.4 billion rubles in the fund, and over the course of the year, private investors will have to add another 1.5 billion rubles.