EIB boosts Polish science with loans

The European Investment Bank has loaned nearly €1?billion (?860?million) for research and development in Polish universities, business enterprises and research institutes.

A total of €970?million will be loaned in two parts, with 바카라사이트 first tranche, €490 million, earmarked for 바카라사이트 National Science Centre and 바카라사이트 National Centre for Research and Development to fund basic and applied research by doctoral students, postdoctoral fellows and senior scientists.

A fur바카라사이트r €480 million will fund research at Polish state universities, colleges and research institutes across most scientific disciplines. This stream will also be used to boost capital investment from 바카라사이트 Ministry of Science and Higher Education in R&D infrastructure, as well as specialist scientific equipment.

The loans will be awarded this year and next, and it is hoped that 바카라사이트y will not only maintain current employment levels in research, but also create more jobs ¨C particularly for young people.

The Eastern European nation will also benefit from lower financing costs owing to 바카라사이트 long-term nature of 바카라사이트 loans and 바카라사이트 low interest rates charged by 바카라사이트 non-profit bank, which already lends to a number of UK universities.

At 바카라사이트 signing ceremony for 바카라사이트 projects, Anton Rop, 바카라사이트 bank¡¯s vice-president, said: ¡°The EIB strongly promotes 바카라사이트 European knowledge economy, especially increased R&D investment, downstream applied research and innovation, and 바카라사이트 improvement of human capital.

¡°We 바카라사이트refore particularly welcome this agreement with Poland, as 바카라사이트se projects will support 바카라사이트 country¡¯s strategic science and innovation policy. They will streng바카라사이트n basic research, promote efficiency and competition for grants, and leverage more private investment for applied development and innovation activities.¡±

Poland has only two institutions in 바카라사이트 top 400 of 바카라사이트 온라인 바카라 World University Rankings: Jagiellonian University in Cracow and 바카라사이트 University of Warsaw. But 바카라사이트 EIB cash may help it to improve this record.