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  • Resources Of RA Nas Science Development Fund To Be Used For Commerci

    RESOURCES OF RA NAS SCIENCE DEVELOPMENT FUND TO BE USED FOR COMMERCIALIZATION OF SCIENTIFIC STUDIES

    Noyan Tapan
    March 26, 2008

    YEREVAN, MARCH 26, NOYAN TAPAN. Since the day of its establishment
    - August 20, 2007, the total amount of donations to the Science
    Development Fund of the RA National Academy of Sciences (NAS) has made
    16.78 mln drams and 400 thousand dollars, the fund's director Hrant
    Matevosian said at the March 26 sitting of the RA NAS presidency. 16.78
    mln drams was allocated as a primary sum by the RA NAS, 300 thousand
    dollars was received from businessman Gagik Tsarukian, member of
    the fund's board of trustees and 100 thousand dollars - from Ara
    Abrahamian, the president of the Union of Armenians of Russia. It
    was announced that 50 thousand dollars out of the sum donated by G.

    Tsarukian was distributed to socially vulnerable merited
    scientists. Another 50 thousand dollars was given to a specially
    created surgery fund - for cardiovascular and tumor operations.

    It is planned to use A. Abrahamian's donation for holding a contest
    of scientists.

    According to a press release of the RA NAS, the main directions of
    the fund's activities were discussed at the sitting. In particular,
    it was pointed out that the major sums earned should be used for
    commercialization of scientific studies, which will allow to increase
    resources of the fund and to make a profit.
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