"Daughter" of Vnesheconombank Will Create "Fund of GLONASS"
"VEB Innovations", a subsidiary fund of Vnesheconombank will establish a fund to support GLONASS technology. The fund will focus on the promotion of technologies in Russia and abroad. The amount of investment incorporated in the VEB fund will be 5 billion rubles, private co-investors can replenish the fund with 3 billion rubles - as reported by the newspaper "Izvestia" with a reference to VEB administration.
The new structure will possibly be named "Fund of GLONASS". The fund’s work will focus on the support of various GLONASS-technology. In order to promote the system, centers will be established abroad for the development of collaboration on navigation technology on the existing platform of trade missions of the Russian Federation. There are plans for attracting foreign partners.
The concept of the new structure describes innovative ways of support for the development of GLONASS technology – there are plans for opening specialized centers on the basis of trade missions of the Russian Federation. The centers will represent points of presence of commercial agents working on the promotion of Russian products on the local market, it is stated, however, that the fund will mainly focus on foreign markets - the Middle East, India and Latin America. The authors of the concept believe that international promotion of GLONASS will acquire two key components: technology and consumers.
Eight companies can become European investment targets. Investors are counting on Norway, Slovakia, Switzerland, France, Netherlands and Germany.Источник: i-mash.ru