Tatarstan manufacturers of domestic components will receive state support

Russian Prime Minister Mikhail Mishustin signed a resolution increasing the share of state grant funding for the creation of domestic components and parts for various industries.

If earlier, in order to receive a grant from the ANO "Agency for Technological Development", the developer had to attract at least 20% of his own funds, now this condition is canceled. The state, represented by ANO, is ready to allocate up to 100% of funding for the creation of Russian analogues of components.

The measure is necessary to ensure the stability of the Russian economy in the face of sanctions. Refusal to seek funding will allow developers to launch important projects in the context of import substitution in the shortest possible time. This arrangement will only be in effect in 2022.

The adopted decision is part of a comprehensive plan of the Russian Government to ensure the stability of the country's economy in the face of sanctions. It will increase the efficiency of the component import substitution program.