Residents of the IT-park received regular grants from the Republic Government

Residents of the IT-park received regular grants from the Republic GovernmentTatarstan, as one of the regions, which executes active innovative activity, pays special attention to support and development of young companies in this sphere. In the Republic acts the program for supporting subjects of small and medium entrepreneurship, executing development and implementation of innovative products. The program supposes subsidies to two types of such subjects – starting and acting small innovation companies. According the program starting companies can account for subsidies in amount up to 500K RUB, but not more than 85% from the full cost of a business-project, and acting companies can get financing in amount up to 5M RUB, but not more than 75% of the full cost of a business-project.

In November 29, 2013 in the Ministry of economy of the Tatarstan Republic has been conducted consideration of applications by the program of subsidies offering to subjects of small and medium entrepreneurship, which develop and implement innovation products. According to this electronic system of applications order 44 applications have been registered in the contest selection, and 5 Tatarstan companies received subsidies.

Residents of the Kazan and Chelny fields of the IT-park received subsidies with total amount of 1,5M RUB.

Among projects-resident of the Business-incubator of the Kazan IT-park, subsidies in amount of 500K RUB received the project “RoadAR” (from the company “Avernet”). This is a multifunctional application for drivers, which can recognize road signs, and in future can trace exact trips, create objective picture of a current road situation and make other useful actions.

At the second field of the Kazan IT-park in Naberezhny Chelny subsidies received projects “Eeleven”, OJSC (500K RUB), the company develops personified complex of continuous eyesight monitoring, which allows measuring key parameters of visual system.