In 2020 the Ministry of Digital Development, Communications and Mass Media of the Russian Federation will allocate $92.2 million for grants for developers of Russian digital solutions. Both developers of IT products and companies involved in the implementation of solutions will be able to apply for the grants. Startups will be able to receive up to $260 thousand, and $3,8 million will be allocated for large initiatives.
The contests will be held by the Skolkovo Foundation, the Russian Fund for the Development of Information Technologies (RFRIT), and the Innovation Promotion Fund.
The Central Bank of the Russian Federation
Ministry of Digital Development, Communications and Mass Media of the Russian Federation