Expenses of Innovative SMEs will be Partly Compensated

Expenses of Innovative SMEs will be Partly Compensated

From December 3 to 14, 2018, innovative SMEs (small and medium-sized enterprises) will be able to apply for financial assistance – compensation for part of capital and (or) current expenditures associated with production of innovative products (goods, works, services).

The subsidy amounts to 70% of the expenses made, but no more than 500,000 rubles per company during a calendar year. Important prerequisites are expenses made after January 1, 2017 and innovative activities carried out in the Rostov region in the following areas: industrial agriculture; mineral resources; electric power; computer technology and telecommunication; machine building; construction and housing and utilities infrastructure; chemical and petrochemical industry; healthcare; transport; space technology; consumer goods industry (textiles and apparel production).

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