ANNOUNCEMENT 05 Oct 2009In October 2009, the government of Russia announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
Government Decree # 1454-p 5 October 2009.
The Government, in pursuit of the previously announced Programme of Long-term Socio-economic Development of the Russian Federation, has announced a state aid plan for Russian Corporation of Nanotechnologies (RUSNANO) for 2009-2015. The plan contains the following investment projects.
in 2010 - 1 billion + 53 billion (state guarantees) = 1.2billion Euro
in 2011 - 39 + 25 billion = 1.42billion Euro
in 2012 - 40.4billion + 28 billion = 1.52billion Euro
in 2013 - 33 billion = 0.73billion Euro
in 2014 - 18 billion rubles = 0.4billion Euro
in 2015 - 11 billion rubles = 0.24billion Euro
The Russian Corporation of Nanotechnologies (RUSNANO - http://www.rusnano.com) was established in 2007 by the Federal law 139-FZ to enable Government policy in the field of Nanotechnology.
To accomplish this task, RUSNANO co-invests in nanotechnology industry projects that have high commercial potential or social benefit. Early-stage investment by RUSNANO lowers the risk of its investment partners from the private sector.
RUSNANO participates in building nanotechnology infrastructure, which includes the nanotechnology centers of excellence, business incubators and early stage investment funds. RUSNANO provides scientific and educational programs that are required for its investment projects to succeed, and also supports the popularization of nanoscience and nanotechnology. RUSNANO selects promising spheres for investment based on longer-term foresight created by the leading Russian and world experts.
To assist the Russian nanotechnology industry advance to the global market and strengthening of its international links RUSNANO develops partnerships with the leading nanotechnology centers in the world and organizes the annual Nanotechnology International Forum in Russia.