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New subsidy of Ministry of Industry

New subsidy of Ministry of Industry

The Ministry of Industry and Trade of the Russian Federation announced a new subsidy for enterprises which use digital technologies.

Up to 50% of expenses on development of digital platforms and software products for creation and development of manufacture of hi-tech industrial products can be reimbursed in the form of a subsidy from the federal budget.

Support of regional projects on introduction of domestic products, services and platform solutions established on the basis of cross-cutting digital technologies is included in the regional project Digital Technologies within the frameworks of implementation of Digital Economy project.

Competitive selection for provision of subsidies among enterprises that submitted applications is planned to be carried out from 1 to 20 August 2019.

Detailed information about the new support mechanism and application forms for participation in the competitive selection are available at the official website of the Ministry.

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