Bulgarian business and science sign memo for cooperation

• Bulgarian business and science sign memo for cooperation

  
  
   
  
  The chairman of the Federation of the Scientific - Engineering Unions in Bulgaria /FNTS/, academician Vasil Sgurev and the chairman of the Bulgarian Chamber of Commerce and Industry, Tsvetan Simeonov have signed a memo for cooperation between business and science. The European Investment Fund has already announced the establishment of a 111 million euro fund for financing of scientific projects, which will happen in January. The venture fund will follow market principles and beneficiaries would not depend only on European funds for the realization of their projects but will also search for private investors with the help of non-governmental organisation, similarly to the methods used in the western countries for stimulating scientific development.
  
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