Government adopts bill on establishment of Polish Science Fund
11:16
On Tuesday the Council of Ministers adopted a bill establishing the Polish Science Fund prepared by the Ministry of Science. Its purpose is, among other things, the creation of a new mechanism for financing research and development works.
The bill on supporting scientific activities from the Polish Science Fund predicts that the Fund will be co-financed with PLN 500 million by lowering the BGK statutory fund.
The Fund, which will be established at Bank Gospodarstwa Krajowego (BGK), will be financed by the Virtual Research Institute (WIB). Fund resources will be transferred to finance research in the areas indicated by the Minister of Science and Higher Education after consulting the Minister of Economy, in particular in the scope specified in the Strategy for Responsible Development.
The act is to apply after 14 days from the date of its publication in the Journal of Laws. Now the bill will go to the Sejm.