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Program "Development"

Fund for Promotion of Innovation

The program is aimed at supporting developed enterprises that have a positive business reputation and experience in selling high-tech products in the market, but feel the need for additional R&D to improve efficiency by diversifying the types of products being developed, creating and developing new sales markets.
Program objectives:
1. Acceleration of the technological development of the Russian Federation,
2. An increase in the number of companies engaged in technological innovation,
3. Creation and implementation of end-to-end digital technologies based on domestic developments.

Geography

Russia

Period of the event

2020

Project result

1. Main parameters of support provided by the Innovation Promotion Fund under the Development program:
2. Grant size – up to 20 million rubles;
3. Extra-budgetary co-financing (at the expense of own or borrowed funds) – at least 30% of the grant amount;
4. Direction of support – implementation of research and development work (salary, raw materials, materials, components, services of co-executors);
5. The term for R&D is no more than 23 months.

More information about the project can be found here:

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