Conclusion of Agreement on "Montenegrin Scientific and Technological Park"

By , 18 Jan 2019, 10:48 AM Business
Minister of Science Sanja Damjanovic Minister of Science Sanja Damjanovic Savo Prelevic

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Information on the conclusion of the Agreement on the "Montenegrin Scientific and Technological Park" was adopted at the session of the Montenegrin Government. This is a formal establishment of a new institution, like the central one in the scientific and innovation ecosystem in our country, after the contract was approved by the Managing Board of the University of Montenegro at the end of last year, as announced by the Ministry of Science. 

The statement adds that the Science and Technology Park represents a physical infrastructure - a capital building of approximately 13,000 square meters within the university campus, but more importantly, a foundation that will establish new links between business entities and universities.

"In this way, we want to stimulate the dynamics in the transition of our economy to a knowledge-based economy. The science and technology park will be a place of cooperation, joint projects, education, exchanging ideas, and business connections, in a way that already exists in our country but is not visible enough. Many young people focus on innovations as their business changes, but they often work independently on the foreign market without much influence on entrepreneurial and innovation culture and the wider environment in our country. Also, many experienced entrepreneurs, innovators and scientists with high-quality ideas, backed up by many years of research and experience, are waiting for some future partnerships to make them happen," the Ministry of Science stated.

The government’s department said that NTP is the place where innovative entrepreneurs will meet with scientists and students, prospective entrepreneurs and investors, where potential business opportunities will be realized.

"We expect that certain high-tech companies will be interested in establishing their hubs - places for education and the guidance of employees, as well as innovative startups, young companies with the potential for rapid growth and expanding to the wider market, will have their place in NTP," writes the Ministry of Science.

They also pointed out that the Science and Technology Park is networked with other activities of the Ministry of Science, such as Centers of Excellence, Smart Specialization Strategy, and the Program of Stimulating Innovative Startups.

"It is expected to be one of the most active factors in the implementation of our science policies, which are linked to innovation and technological development," the Ministry of Science said.

The founders of the Science and Technology Park are the Government and the University of Montenegro, in a ratio of 57:43 percent.

The facility is located on the Boulevard Mihailo Lalić in Podgorica, near the Technical faculty and is currently in the rough construction phase.

The completion of construction, if administrative procedures and construction works are carried out by the plan, is expected by the end of 2020, and the Montenegrin Government will provide funds estimated at EUR 8.4 million.

Text by Vijesti online, on January 2019, read more at Vijesti

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