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In Sevastopol, innovative enterprises can receive grants of up to 30 million rubles

CrimeaPRESS reports:

In Sevastopol, the acceptance of applications for participation in the program «Commercialization» of the Fund for the Promotion of Innovations within the framework of the national project «Small and Medium Entrepreneurship» has started. A grant of up to 30 million rubles under the program can be received by a small innovative enterprise planning to launch or expand its own production.

The competition is aimed at financing enterprises that have already completed research and development work and are striving to scale up production. In this phase, SMEs are in particular need of funds for development. In 2022, 233 projects worth about 6 billion rubles received support under the Commercialization program— quotes the press service of the director of the department of investment policy and development of small and medium-sized businesses of the Ministry of Economic Development of the Russian Federation Inna Dadayan.

The competition is aimed at supporting projects to expand the production of innovative products, including for the tasks of large businesses. Entrepreneurs can receive support in the amount of up to 30 million rubles subject to co-financing from their own or borrowed funds in the amount of at least 50% of the grant amount.

Today in Sevastopol there are a number of high-tech industries that are developing advanced technologies, including in the field of unmanned design. Among them are six small innovative enterprises and five centers for collective use of various types. The fund’s grant support measure will help small innovative enterprises reach the forefront and open new projects— says Deputy Governor Maria Litovko.

Enterprises with the status of «Micro-enterprise» or «Small Enterprise» in the Unified Register of Small and Medium-Sized Businesses, whose leaders do not have open contracts with the fund, can take part in the competition. The deadline for completing works under the terms of the competition is 12 months.

Applications of those companies that have a positive financial and economic history and confirmed demand, successfully produce products and plan to expand production, as well as have well-established interaction with large Russian businesses, will receive an advantage in the selection.

Applications for participation are accepted on the website until 10:00 April 17, 2023.

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