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Economy/Business
28 February 2018, 14:27

Two companies from Bashkiria received 15 million development grants from Innovation Support Fund

UFA, 28 February 2018. /Bashinform News Agency, Alim Faizov/. The Directorate of the Federal Innovation Promotion Fund approved the results of the sixth stage of the competitive selection under the "Commercialization" program.
The bids submitted during the period from November 10 to December 25, 2017 were considered. Total, 282 applications from 46 subjects of the Russian Federation were received for the competition; two of them were rejected on formal grounds.
55 applications are recommended for financing. According to the Regional Engineering Center for Small and Medium Enterprises of the Republic of Bashkortostan, among them there are two companies from Bashkortostan. This is a Research and Production Enterprise "AMMA" LLC, which is engaged in organizing a serial production of block-modular pumping stations "AMMA" based on vertical multi-stage pumps for the oil and gas industry, as well as "ART-Osnastka" JSC, which is engaged in organizing a serial production of innovative equipment complex for cementing casing strings for oil and gas wells. Both of them received grants for development - 15 million rubles were allocated for each of them.
12 applications are recommended for financing by the end of 2018, when additional funds are available at the Fund.
The list of winners are posted on the website of the Innovation Promotion Fund.
Author:Alim Faizov