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   Switch to Russian 2016 * August 2016 * 05.08.2016 Wednesday, August 21, 2019  
 Sino-Belarusian Forum on R&D Commercialization
Belarus - China
Sino-Belarusian Forum on R&D Commercialization ended in Minsk on 5 August 2016.

Organizers of the Forum: 
CJSC “Company on Development of the Industrial Park”, fund management company China Merchants Capital, National Academy of Sciences of Belarus (NASB) and the State Committee for Science and Technologies of the Republic of Belarus (SCST).

The Forum brought together over 200 participants. Among them were 20 companies from China, including 12 venture capital organizations. The Forum was attended by Cui Qiming, Ambassador Extraordinary and Plenipotentiary of China to Belarus, Alexander Shumilin, the Chairman of the SCST, Sergei Chizhik, the First Vice Chairman of NASB Presidium.

Within the framework of the Forum:
   - there was a presentation of Research, Development, & Innovation (RDI) potential of Belarus, including the prospective projects for joint implementation in China-Belarus Industrial Park "The Great Stone";
   - presentations from the Chinese financial and venture capital funds;
   - signed a number of agreements.

The CJSC “Company on Development of the Industrial Park”, NASB and SCST signed a framework agreement to establish a Sino-Belarusian center for development of innovative technologies in the field of the commercialization of scientific and technological achievements. It is expected that the Center will become a platform for development of cooperation between China and Belarus in science and technology, as well as a platform for promotion of industrial development of scientific, technical and innovative results. In addition, the Center will work to create a database of industrial development of scientific research, as well as a database of potential investors and partners.

The parties also signed a framework agreement on cooperation in the industrial, financial, scientific and technical spheres, and the Belarusian Innovation Fund and 10 venture companies from China signed framework agreement to develop direct and venture capital investments market in China and Belarus.

Dr. Alexander Uspenskiy, Director of the
Republican Centre for Technology Transfer (RCTT), took part in a panel discussion on "Cooperation in the field of the R&D commercialization between China and Belarus, construction and development of the China-Belarus Industrial Park "The Great Stone"". The discussion highlighted the need to develop tools for attraction of Chinese venture capital investments in the China-Belarus Industrial Park "The Great Stone", because until now the Chinese venture capital institutions have not funded any venture project with participation of Belarusian organizations not only in Belarus but also in China. RCTT suggested Chinese venture capital organizations to provide information on their requirements for venture capital projects to be placed on RCTT's Web portal, in section "Investment and venture funds".

© National Academy of Sciences of Belarus, Innovation Association "RCTT"
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