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

Band Gaps, Made to Order: Engineers create atomically thin superlattice materials with precision September 26th, 2017

Assembly of nanoparticles proceeds like a zipper: Viruses and nanoparticles can be assembled into processable superlattice wires according to scientists from Aalto University Finland September 25th, 2017

Enhancing the sensing capabilities of diamonds with quantum properties: A simple method can give diamonds the special properties needed for quantum applications such as sensing magnetic fields September 24th, 2017

Quantum twisted Loong confirms the physical reality of wavefunctions September 23rd, 2017

Govt.-Legislation/Regulation/Funding/Policy

Quantum twisted Loong confirms the physical reality of wavefunctions September 23rd, 2017

DNA triggers shape-shifting in hydrogels, opening a new way to make 'soft robots' September 21st, 2017

Copper catalyst yields high efficiency CO2-to-fuels conversion: Berkeley Lab scientists discover critical role of nanoparticle transformation September 20th, 2017

Solar-to-fuel system recycles CO2 to make ethanol and ethylene: Berkeley Lab advance is first demonstration of efficient, light-powered production of fuel via artificial photosynthesis September 19th, 2017

Nanomedicine

Do titanium dioxide particles from orthopedic implants disrupt bone repair? September 16th, 2017

Arrowhead Hosts Investor & Analyst R&D Day to Introduce TRiM(TM) Platform and Lead RNAi-based Drug Candidates September 14th, 2017

Graphene based terahertz absorbers: Printable graphene inks enable ultrafast lasers in the terahertz range September 13th, 2017

Applications for the nanomedTAB are open until September 18th, 2017 September 13th, 2017

Announcements

Band Gaps, Made to Order: Engineers create atomically thin superlattice materials with precision September 26th, 2017

Assembly of nanoparticles proceeds like a zipper: Viruses and nanoparticles can be assembled into processable superlattice wires according to scientists from Aalto University Finland September 25th, 2017

Enhancing the sensing capabilities of diamonds with quantum properties: A simple method can give diamonds the special properties needed for quantum applications such as sensing magnetic fields September 24th, 2017

Quantum twisted Loong confirms the physical reality of wavefunctions September 23rd, 2017

Automotive/Transportation

GLOBALFOUNDRIES Announces Availability of Embedded MRAM on Leading 22FDX® FD-SOI Platform: Advanced embedded non-volatile memory solution delivers ‘connected intelligence’ by expanding SoC capabilities on the 22nm process node September 20th, 2017

GLOBALFOUNDRIES Introduces New 12nm FinFET Technology for High-Performance Applications September 20th, 2017

More durable, less expensive fuel cells: University of Delaware researchers have developed a new technology that could speed up the commercialization of fuel cell vehicles September 5th, 2017

High-tech electronics made from autumn leaves: New process converts biomass waste into useful electronic devices August 30th, 2017

Industrial

GLOBALFOUNDRIES Announces Availability of Embedded MRAM on Leading 22FDX® FD-SOI Platform: Advanced embedded non-volatile memory solution delivers ‘connected intelligence’ by expanding SoC capabilities on the 22nm process node September 20th, 2017

Researchers printed graphene-like materials with inkjet August 17th, 2017

Nanocrystalline LEDs: Red, green, yellow, blue ... August 7th, 2017

Magnetized viruses attack harmful bacteria: Rice, China team uses phage-enhanced nanoparticles to kill bacteria that foul water treatment systems August 2nd, 2017

Nanobiotechnology

Assembly of nanoparticles proceeds like a zipper: Viruses and nanoparticles can be assembled into processable superlattice wires according to scientists from Aalto University Finland September 25th, 2017

DNA triggers shape-shifting in hydrogels, opening a new way to make 'soft robots' September 21st, 2017

Do titanium dioxide particles from orthopedic implants disrupt bone repair? September 16th, 2017

Applications for the nanomedTAB are open until September 18th, 2017 September 13th, 2017

Alliances/Trade associations/Partnerships/Distributorships

GLOBALFOUNDRIES and Soitec Enter Into Long-term Supply Agreement on FD-SOI Wafers: Strategic milestone to help guarantee a secure, high-volume supply of FD-SOI technology September 20th, 2017

GLOBALFOUNDRIES Unveils Vision and Roadmap for Next-Generation 5G Applications: Technology platforms are uniquely positioned to enable a new era of ‘connected intelligence’ with the transition to 5G September 20th, 2017

Leti and Partners in PiezoMAT Project Develop New Fingerprint Technology for Highly Reliable Security and ID Applications: Ultra-high Resolution Pressure Sensing Uses Matrices of Vertical Piezoelectric Nanowire To Reconstruct the Smallest Features of Human Fingerprints September 5th, 2017

Phenom-World selects Deben to supply a tensile stage as an accessory to their range of desktop SEMs August 29th, 2017

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