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The project will support the development of science and technology in public scientific institutions and university-based academic environments.
The loan will fund a part of the State’s 2007 budgetary contribution to support investment expenditures connected with the implementation of public scientific and university-based academic research where activities are deemed important for the development and accumulation of knowledge and the expansion of the Polish Knowledge Based Economy. Under this Facility the Bank may fund: (i) capital investment expenditures in public scientific and academic infrastructures, technology platforms, and equipment; (ii) research grants for scientists; and (iii) a portion of the eligible wage costs of scientists employed in the public system.
Schemes will be designed in accordance with relevant Polish and EU environmental regulations including Environmental Impact Assessments where appropriate.
The Bank will require the Promoter to ensure that contracts for the implementation of the individual projects have been/shall be tendered in accordance with the applicable EU and national law.
Regional development and social and economic cohesion; research, development and innovation and human capital.