Venture Fund will be created in Belarus


Management Company “Zubr Capital” operating in Belarus with private equity funds, will create a fund of venture investments. It was announced  on 18th of January. by the chairman of the board of directors of the holding "Atlant-M" Oleg Husaenov.

Venture Investment Fund will finance companies that are at the initial stage of development. The fund plans to raise funds from foreign private funds and international organizations, including the EBRD. Venture capital investments will be aimed primarily on projects related to information technology. At the first stage venture capital fund will raise $ 30-50 million

According to www.belta.by