Nearly PLN 10 bln in subsidies for R&D in 2010-2013 - PwC

Companies received PLN 9.7 billion in government subsidies for R&D projects between 2010 and 2013, according to a report prepared by PwC for the National Centre for Research and Development (NCBR). Meanwhile, the amount of private capital invested in R&D projects nearly doubled between 2010 and 2012, increasing from PLN 2.77 billion in 2010 to PLN 5.3 billion in 2012.

 

“Poland has managed to significantly change its R&D financing structure. The share of private capital in providing funds for research and innovation now stands at 32.3 percent of the total expenditure, while only a couple of years ago it was a little over 20 percent,” said Science and Higher Education Minister Lena Kolarska-Bobińska.

 

“In the new EU financial perspective, it is entrepreneurs who will receive the majority of the funds [for R&D] and the will be responsible for developing innovations in Poland,” Kolarska-Bobińska added.