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Main / Investors / Question answer
Question answer
16.09.2021

Who can receive funds from the innovation fund and for what purposes?

These can be both large high-tech industries and innovation-oriented small and medium-sized businesses. In fact, these are budget funds that are allocated on a non-refundable basis, but on certain conditions. First of all, the projects must contain novelty, manufacturability, scientific developments. The second condition is that when reaching the design capacity, the level of added value per employee must not be lower than the average European indicators (each type of activity has its own, on average 55 thousand euros). There must be an export orientation of the innovative project (excess of the volume of exports over imports).