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VTB supports young scientists through the FENU Foundation - EastRussia | Far East

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VTB supports young scientists through the FEFU Foundation

VTB Bank introduced to the FEFU Fund 40 million rubles. From the income received from the contribution, scientific projects will be financed in priority areas of the university development.

This step will strengthen the cooperation of one of Russia's largest banks with the university. At the moment, VTB is the largest contributor to the FEFU endowment.

Head of the Sponsorship and Client Events Department - VTB Bank Vice President Alexander Erofeev called global support for educational and scientific projects across Russia one of the key priorities of the bank. He also expressed hope that the multi-year cooperation between VTB and the Foundation of the Far Eastern Federal University will continue to contribute to the development of science and technology in Russia.

The president of the FEFU Foundation, Igor Osipov, thanked the management of VTB Bank for the system support and noted that the target capital "Fundamental and Exploratory Studies", formed thanks to the contributions of VTB Bank, is currently the largest asset of the endowment fund of the university. According to him, the income of this capital has already become a source of support for promising young scientists of the FEFU.