The US–Polish Trade Councilwas pleased to join the first-ever U.S.–Poland Innovation Program and Council (PLUS-IP) launched on November 17, 2014, in Los Angeles, California. PLUS-IP is a collaborative initiative between the U.S. Department of State and the Ministry of Science and Higher Education of the Republic of Poland. The U.S. Department of State invited USPTC Chairman Piotr Moncarz, Consulting Professor at Stanford University, to participate in building the structures of this significant bilateral cooperation.
The PULS-IP program aims to increase the links between Polish and U.S. academic communities, industries, high-tech companies and governments, and to foster innovation and cooperation on joint venture, research, and development projects, specifically in the sectors of defense, energy, health, science, and technology. To strengthen Poland’s innovation ecosystem through PLUS-IP, Poland’s National Center for Research and Development plans to establish several 10-year venture capital funds by providing 50–55 percent of each fund’s initial capital in order to finance identified projects.