Investment Council discusses about the speed of the Reforms in Innovation in Entrepreneurship

In March, the IC held a discussion meeting on the main challenges and recommendations to fostering innovation in entrepreneurship, with a focus on the governance of the ecosystem, cooperation in the context of the “quadruple helix”, access to finance and digital economy. The meeting was chaired by the Minister of Finance and attended by IC members, and other representatives.

FIAA was represented in this meeting by its Board Member Mr. Elvin Guri, at the same time Investor at One Telecommunications. Mr. Guri provided a set of recommendations to the draft on innovation strategy/document that should be further improved. Main proposed recommendations were related to the specificities of the innovation in the industry sector and the relevant size of the assistance, the transferring of new technologies applied abroad, the provision of fiscal incentivizing policies to promote R&D budgets within companies, training of top managers on their mentality of doing business, options for better cooperation between the business and academia, improving the ecosystem of investment funds (start-up, technology, etc).

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