Investment and Venture Fund opens in Chechnya

 

Chechnya has formed the Investment and Venture Fund to boost the innovative and investment potential, development of science industry, public-private cooperation, economic growth in priority sectors of the economy, investment and venture capital, the Chechen leader’s website reports.The Fund is a non-commercial organization.Prime Minister Abubakar Edelgeriyev was named the head of the supervisory board of the Fund. Regional ministers, President of the Trade and Industry Chamber of Chechnya Nurbek Adayev, President of the Chechen Academy of Sciences Shahruddin Gapurov and others have become members of the board.

 

Chechnya has formed the Investment and Venture Fund to boost the innovative and investment potential, development of science industry, public-private cooperation, economic growth in priority sectors of the economy, investment and venture capital, the Chechen leader’s website reports.

The Fund is a non-commercial organization.

Prime Minister Abubakar Edelgeriyev was named the head of the supervisory board of the Fund. Regional ministers, President of the Trade and Industry Chamber of Chechnya Nurbek Adayev, President of the Chechen Academy of Sciences Shahruddin Gapurov and others have become members of the board.