Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Eurasian Development Bank and RUSNANO Plan to Offer Joint Financing of Nanotechnology Projects

Abstract:
Eurasian Development Bank and state corporation Russian Corporation of Nanotechnologies, RUSNANO, recently concluded a memorandum of cooperation. Signing the memorandum on behalf of their respective organizations were Chairman of the Executive Board of the EDB Igor Finogenov and RUSNANO CEO Anatoly Chubais.

Eurasian Development Bank and RUSNANO Plan to Offer Joint Financing of Nanotechnology Projects

Russia | Posted on March 3rd, 2010

The parties agreed to coordinate their efforts in accomplishing mid-sized and long-term investment projects to strengthen integration of economic processes among countries of the Eurasian Economic Community as well as to increase their production of innovative nanotech-enabled goods with high benefit and create new workplaces in industry, medicine, transportation, and other areas of commerce in EurAsEC countries.

Among plans envisioned are that the EDB would finance projects by extending loans, including structured credit of $30 million to $100 million for up to ten years and participate in the charter capital of RUSNANO's project companies that aim at developing integration processes, especially between the countries of EDB activity. Eligible projects would encourage the growth of innovation economies on the territory of the EurAsEC, promote trade among EurAsEC countries, and be realized with the participation of shareholders' capital of legal entities organized in countries of the Eurasian Economic Community.

The memorandum opens the door for the Eurasian Development Bank to take part in the innovation funds that are established with RUSNANO's involvement. RUSNANO, for its part, has expressed interest in nanotechnology projects being carried out by clients of the Eurasian Development Bank. RUSNANO may finance, take an equity position, or extend guarantees to such projects.

Eurasian Development Bank (EBD) is an international organization founded through the intergovernmental agreement between the Russian Federation and the Republic of Kazakhstan signed on January 12, 2006. In April and in June 2009 the Republic of Armenia and then the Republic of Tajikistan became member-states of the bank. The bank has charter capital of more than $1.5 billion. International rating agencies Standard and Poor's, Moody's Investors Service, and Fitch Ratings have given the bank ratings that correspond to or exceed the sovereign ratings of the member-states of the Eurasian Development Bank.

####

About RUSNANO
The Russian Corporation of Nanotechnologies (RUSNANO) was established in 2007 by the Federal law ¹ 139-FZ to enable Government policy in the field of Nanotechnology.

To accomplish this task, RUSNANO co-invests in nanotechnology industry projects that have high commercial potential or social benefit. Early-stage investment by RUSNANO lowers the risk of its investment partners from the private sector.

RUSNANO participates in building nanotechnology infrastructure, which includes the nanotechnology centers of excellence, business incubators and early stage investment funds. RUSNANO provides scientific and educational programs that are required for its investment projects to succeed, and also supports the popularization of nanoscience and nanotechnology. RUSNANO selects promising spheres for investment based on longer-term sight created by the leading Russian and world experts.

To assist the Russian nanotechnology industry advance to the global market and strengthening of its international links RUSNANO develops partnerships with the leading nanotechnology centers in the world and organizes the annual Nanotechnology International Forum in Russia.

For more information, please click here

Contacts:
RUSNANO international press office:
Anna Fradkova, press-secretary of the international press office
P.: +7 495 5424444 add.1424
M.: +7 985 7299860

Copyright © RUSNANO

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Chains of nanogold – forged with atomic precision September 23rd, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

Nanotech Grants Options September 22nd, 2016

Coffee-infused foam removes lead from contaminated water September 21st, 2016

Govt.-Legislation/Regulation/Funding/Policy

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

PHENOMEN is a FET-Open Research Project aiming to lay the foundations a new information technology September 19th, 2016

NIST Patents Single-Photon Detector for Potential Encryption and Sensing Apps September 16th, 2016

Electron beam microscope directly writes nanoscale features in liquid with metal ink September 16th, 2016

Nanomedicine

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

BBI Solutions launches innovative conjugate blocking technology that enhances signal intensity for lateral flow immunoassays September 20th, 2016

Iran to hold intl. school on application of nanomaterials in medicine September 20th, 2016

Graphene nanoribbons show promise for healing spinal injuries: Rice University scientists develop Texas-PEG to help knit severed, damaged spinal cords September 19th, 2016

Announcements

Chains of nanogold – forged with atomic precision September 23rd, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

Nanotech Grants Options September 22nd, 2016

Coffee-infused foam removes lead from contaminated water September 21st, 2016

Automotive/Transportation

Carbon-coated iron catalyst structure could lead to more-active fuel cells September 15th, 2016

GLOBALFOUNDRIES Launches Embedded MRAM on 22FDX® Platform: High-performance embedded non-volatile memory solution is ideally suited for emerging applications in advanced IoT and automotive September 15th, 2016

GLOBALFOUNDRIES Extends FDX™ Roadmap with 12nm FD-SOI Technology: 12FDXTM delivers full-node scaling, ultra-low power, and software-controlled performance on demand September 8th, 2016

Imperial College use Kleindiek micromanipulators in their research into electrochemical energy devices September 6th, 2016

Industrial

Mathematical nanotoxicoproteomics: Quantitative characterization of effects of multi-walled carbon nanotubes: This research article by Dr. Subhash Basak et al. will be published in Current Computer-Aided Drug Design, Volume 12, 2016 September 2nd, 2016

New flexible material can make any window 'smart' August 23rd, 2016

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Let's roll: Material for polymer solar cells may lend itself to large-area processing: 'Sweet spot' for mass-producing polymer solar cells may be far larger than dictated by the conventional wisdom August 12th, 2016

Nanobiotechnology

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

BBI Solutions launches innovative conjugate blocking technology that enhances signal intensity for lateral flow immunoassays September 20th, 2016

Iran to hold intl. school on application of nanomaterials in medicine September 20th, 2016

Graphene nanoribbons show promise for healing spinal injuries: Rice University scientists develop Texas-PEG to help knit severed, damaged spinal cords September 19th, 2016

Alliances/Trade associations/Partnerships/Distributorships

PHENOMEN is a FET-Open Research Project aiming to lay the foundations a new information technology September 19th, 2016

SEMI and MSIG Join Together in Strategic Association Partnership: MEMS & Sensors Industry Group Brings New MEMS and Sensors Community to SEMI to Increase Combined Member Value September 15th, 2016

Leti and Oberthur Technologies Partner to Explore New Solutions in Fast-growing Digital Era September 12th, 2016

Synopsys Joins GLOBALFOUNDRIES’ FDXcelerator Partner Program to Enable Innovative Designs Using the FD-SOI Process: Program Gives Synopsys Access to GLOBALFOUNDRIES’ FDX Portfolio and Provides Customers with Tools that Support the Differentiated Features of FD-SOI September 8th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic