The Polish Science Fund (PSF, Fund) was established in Bank Gospodarstwa Krajowego under the Act of 4 April 2019 on supporting scientific activity from the Polish Science Fund (Journal of Laws, item 823).
Aim of the Fund:
The main task of the Fund is to finance scientific activities, excluding artistic creation, which is particularly important for the implementation of the country's development strategy, serving the development of innovative products and supporting the creation and development of innovative ways of organising research and development activities.
The scientific activity is carried out by a virtual research institute (WIB), which is a form of organisation of work of selected, internationally competitive research teams, carrying out scientific activity with high potential for socio-economic applications, under the direction of a leader with a recognised scientific output, whose aim is to commercialise its results.
The area of activity of the research teams is medical biotechnology with particular emphasis on work in the field of oncology.
The fund is also aimed at increasing the innovativeness of enterprises in the domestic and foreign markets, where, in addition to horizontal solutions which increase the innovativeness of the economy, support will be concentrated on selected areas and technologies which are of significant importance to the economy.
The creation of the Fund is one way of resolving the problems of low commercialisation of innovative ideas. Such funding is essential for carrying out research and implementing its results.