Baku, Azerbaijan, Oct.25
By Elena Kosolapova - Trend:
The volume of innovation grants allocated by the state through the Ministry of Investments and Development for purchasing technologies has increased from 150 million tenge to 400 million tenge (278.21 tenge = $1), said the message from the country's National Agency for Technological Development.
Moreover, earlier the grants were allocated as reimbursement, while the new rules envisage the mechanism of co-financing.
In accordance with the previous rules, it was possible to get grants only for receiving licenses for the right to use technologies. This is while according to the new rules, grants are allocated both for receiving licenses and for obtaining equipment which is the integral part of the license, as well as the necessary construction documentation.
Further, the volume of grants for conducting industrial research (first category) was increased from 30 million tenge to 70 million tenge.
From now on, grants will be allocated through the Ministry of Investments and Development for conducting the second category industrial research (targeted technological programs).
The grant covers up to 80 percent of the costs of no more than 800 million tenge.
The applications for innovation grants for purchasing technologies, carrying out industrial research (first category), supporting the production of high-tech products at the initial stage of development, patenting in foreign countries, and (or) regional patent organizations will be received till Nov.20.
The applications for grants for innovative industrial research (the second category - targeted technology programs) will be received till Dec.11.
Grants are provided on a non-refundable basis.
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