On Altay started a contest of innovation projects for subsidies provision

On Altay started a contest of innovation projects for subsidies provision Started a contest selection stage for innovation projects for provision of subsidies on support of active innovation companies.

Organizer of the contest is the Administration Center for economy and investments in the Altay territory. The aim of the contest, realized within the limits of a long-term target program “About State support and development of small and medium entrepreneurism in the Altay territory” for years 2011-2013, is development support of real estate and technological basis of the subjects of small and medium entrepreneurism, which execute innovation activity.

At the contest selection can take part subjects of small and medium entrepreneurism – legal bodies, executing activity in the sphere of innovations for the moment of decision taking on subsidies provision more than one year. A significant term is availability of documents, approving rights of an applicant on results of intellectual activity.

Winners of the contest will receive compensation for expenses, connected with realization of innovation projects on creation or improvement of products, and also technologies of its production. The amount of subsidies cannot exceed 5M RUB. A share of own funds of the applicant in expenses, offered for compensation, should comprise not less than 25% from the sum of subsidies. Calculation of subsidies amount executes for a period since December, 1 of the previous to the addressed for subsidies year, and for a period not more than one year.
Applications can be filed since September, 18 2013.