Belarusian Innovative Foundation (BIF) was established by a resolution of the Council of Ministers on November 12, 1998 to strengthen state support for innovation and increase the efficiency of using the scientific and technical potential of the Republic of Belarus.
– is a state non-profit organization;
– carries out its activities on the principles of long-term and repayable financing of innovative developments, venture projects;
– has the ability to create branches and representative offices in Belarus and abroad;
– can take part in the creation and activities of economic entities.
Belarusian Innovative Foundation carries out:
BIF cooperates with legal entities and individuals, international and foreign organizations and foundations operating in the field of innovation development.