Russian state nanotechnology corporation Rusnano has approved co-financing of 134 projects worth 533.5 billion rubles ($17.5 billion), Chief Executive Officer Anatoly Chubais said on Tuesday.
"This is a serious volume," Chubais said at a news conference ahead of a Nanotechnology international forum which will take place in Moscow on October 26-28.
"We should drop pessimism and rejection," he also said, answering a question about an alleged absence of demand for innovations in the country.
Rusnano's investments amount to 220.8 billion rubles in the projects to be carried out in 37 Russian regions.