Announcement

Collapse
No announcement yet.

Scientific Innovations Are Possible To Be Financed In Armenia

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Scientific Innovations Are Possible To Be Financed In Armenia

    SCIENTIFIC INNOVATIONS ARE POSSIBLE TO BE FINANCED IN ARMENIA

    A1+
    28-02-2005

    The Corporative governing center was discussing with the
    representatives of the financial market the problem of creating
    venture funds in Armenia. In hotel â~@~Congressâ~@~] the workers
    of the funs, the Central Bank, Union of banks, private organizations,
    and the banks of abroad waited for the organizers of the round table
    for 30 minutes.

    Arman Sahakyan, expert of the Corporative governing center, explained
    to the guests that it is already suitable to create Venture funds
    in Armenia.

    According to the experts, $30 million is needed to create such a
    fund. In order to create a venture system, according to the project
    developed by the Corporative governing center it is offered to
    find and finance companies with financial difficulty, or innovator
    authors. The experts of the Center think that our country has a
    scientific potential, the inner capital can be directed to the
    experimenting of the innovations and have super-profits.

    The international experience shows that the venture funds act with
    the principle of financing companies having ideas and not having
    money for having super-profits later on. In case of cooperation the
    fund becomes owner of a part of the shares of the company.

    --Boundary_(ID_mpqD2eF4FgCEUM55jhXlaQ)--
Working...
X