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September 30, 2021, 07:20

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Photo by E. Samarin. Mos.ru

The support measure is available to the participants of the Moscow Innovation Cluster.

From October 1, the acceptance of applications for compensation of costs associated with the creation of a new product starts. The subsidy is available to legal entities and individual entrepreneurs who are participants Moscow innovation cluster… Applicants can count on support of up to 50 million rubles.

“Companies and individual entrepreneurs that have existed for at least a year can apply for this subsidy. The size of the subsidy cannot exceed 50 percent of the volume of costs and proceeds from the sale of a new or modernized product “, – said the head

Department of Entrepreneurship and Innovative Development of the City of Moscow Alexey Fursin.

The costs for the development of technological and design documentation, electronic 3D models of the product and technical design are subject to reimbursement. In addition, the city will compensate part of the expenses for the production of prototypes of the product, the development of a program and test methods, the creation of prototypes of technological equipment, as well as the costs of the purchase and installation of test stands and equipment involved in the production of a new product.

Compensation is due for expenses incurred from 1 January 2019. Applications for a subsidy can be submitted until November 1, inclusive.

Moscow businessmen will receive over a billion rubles in the form of subsidies and grantsThe amount of investments in the projects of the finalists of the MIC competitions exceeded one billion rubles

The Moscow Innovation Cluster is a platform for introducing innovations and developing cooperation between large corporations, industrial enterprises, small and medium-sized businesses, educational and scientific organizations, development institutions and the city. Cluster members have access to tools and support measures for the development of innovative projects. It includes almost 30 thousand organizations from Moscow and 80 regions of Russia.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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