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


funds allocated


projects took part in the competition


projects funded


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.


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

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