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The Ministry of Economic Development plans to create and maintain a state register of IT startups

September 21, 2020, 09:18 (UTC+3)|

Ministry of Economic Development of the Russian Federation plans to create and maintain a new state register with information on the activities of IT startups, Kommersant reports with reference to the draft amendments to the law “On Science and State Scientific and Technical Policy” developed by the department.

The register will become the basis of a digital platform for state support for startups and will unite disparate data about companies from information systems of government agencies and organizations. With the permission of the startup, all interested organizations and development institutions will have access to its “digital footprint”, which should accelerate the application process and obtaining state support, Deputy Minister Oksana Tarasenko explained.

Against the backdrop of the COVID-19 pandemic, the state intends to increase the number of grants issued to the IT industry. For example, until 2024, it is planned to distribute around $607 million among the developers of “cross-cutting technologies” - big data, the Internet of things, etc., including in the form of grants.

Original (in Russian)


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