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Young innovators of the BRICS countries can support a preferential credit system - EastRussia | Far East

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Young innovators of the BRICS countries can support a preferential credit system

During the work of the First International Youth Forum of Science and Innovation of the BRICS and EAEU countries, held in Moscow, the creation of a special preferential credit line in the BRICS Bank for young entrepreneurs working in the innovation sphere was discussed.

Young innovators of the BRICS countries can support a preferential credit system
During the work of the First International Youth Forum of Science and Innovation of the BRICS and EAEU countries, held in Moscow, which is attended by scientists and entrepreneurs aged from 25 to 35 years from Russia, Kazakhstan, Kyrgyzstan, Armenia, Belarus, India, China, Brazil and South Africa, discussed the creation of a special preferential credit line in the Bank of BRICS for young entrepreneurs working in the innovation sphere.

This proposal was made by the Chairman of the Russian Union of Youth Pavel Krasnorutsky.

“This practice will allow us to bring innovative activities of our countries to a new level, as well as significantly increase the number of youth projects that in the future will become large transnational corporations able to resist European and American holdings,” said the head of RSM.

He also put forward a proposal to form a network of industry-specific business incubators in the BRICS and EEA space for the support and implementation of youth projects, the press service of the Russian Ministry of Education and Science informs.

Krasnorutsky recalled that in recent years, the organization is actively developing programs and projects in the BRICS space.
“For example, in July 2014, RSM held the first BRICS International Youth Forum in Moscow. In January, we held a similar forum in India in New Delhi, and a landmark event this year was the holding of the first forum in the combined format of the BRICS and SCO countries, ”the head of the RSM stressed.

In conclusion, Krasnorutsky noted that the RSM planned to hold the third BRICS forum, which will be held at the end of this year in South Africa.

The organizers of the First International Youth Forum of Science and Innovation of the BRICS and EAEU countries were Rossotrudnichestvo, the Russian Union of Youth, and the Public Chamber of the Russian Federation.
The main topics of the forum were innovative technologies in the field of medicine, agriculture, energy and IT-industry.