Business incubator for young scientists opened in Ryazan

Investment business incubator for young scientists opened at Ryazan State Radio Engineering University, a representative of the press service of the head of the region said on Friday.

The investment business incubator designed to support advanced high-tech and small innovative projects, working in the field of information and telecommunications, transportation and space systems, nanosystems, energy efficiency and conservation, - the interlocutor of the agency told.

He said that 150M RUR was spent to repair and equip the technology business incubator, which will house about forty small innovative companies and research centers.

According to the source, it is planned to make a profit of about 70M RUR from small investment companies by 2014.

One of the most promising sites to implement the theory into practice is small business. Young professionals will gain unique business experience here. I am confident that the business incubator will create favorable conditions to involve Ryazan youth in science and innovation in our region, - said the acting governor of Ryazan Region Oleg Kovalev at the opening ceremony of the business incubator.