Advanced technologies and know-hows to promote economic development in Minsk. The competitive selection of projects for financing from the innovation fund of the Minsk City Executive Committee continues. Applicants can be both large high-tech enterprises and small businesses. One of the main conditions is offering products that are unique for our country and could be exported. These are areas such as microelectronics, biotechnology, pharmaceuticals, IT. The Minsk City Executive Committee's innovation fund has been operating for seven years. During this time, more than 40 organizations received financial support.