About us

Belarusian Innovative Foundation (BIF) is a non-profit organization established in 1998 to strengthen state support for innovation in the Republic of Belarus.

Foundation in numbers

We finance innovations since 1998

$100+million

funds allocated

1100+

projects took part in the competition

120+

projects funded

ACTIVITIES

Refundable financing

Belarusian Innovative Foundation finances innovative projects on a repayable basis, including work on the organization and development of production, as well as venture funding.

Vouchers and grants

BIF provides state financial support for innovative projects on a non-refundable basis: innovation vouchers up to $ 25 K or grants up to $ 100 K.

International activity

Belarusian Innovative Foundation is actively working in the field of creating joint international cooperation. Currently, BIF has partners in 6 countries, and we continue to expand our network of contacts.

RBF Ventures

Russian-Belarusian venture capital fund «RBF Ventures» was founded by RVC, Infrafund RVC and Belarusian Innovative Foundation in 2016 as the first classic venture fund in Belarus.

100+ SUCCESSFUL STORIES



During its work, the Belarusian Innovative Foundation has provided financial support to numerous enterprises.


  • Портал Президента РБ
  • Совет Министров
  • Мин-во экономики
  • Мин-во финансов
  • ГКНТ
  • Банк развития
  • Академию наук
  • pravo.by