Innovation Promotion Fund announced about the start of the 7th competitive round of the Commercialization Program. A participating company may receive a grant, if it ensures 100% co-funding of the project using its own or raised money.
Starting from 2019, the sum will be considerably increased - from 15 up to 20 million rubles. Legal entities and individual entrepreneurs falling in the category of small innovative enterprises are eligible for the contest. Participants’ eligibility depends on several factors.
To take part in the competition, you should apply via AS Fond-M system by December 24, 2018.
Since 2014, as part of the Commercialization Program, the Rostov region co-funded projects of five companies to the total amount of 53,700,000 rubles.
