Volga | Farming, agriculture | Finance, business

West Urals’ Perm supports innovation in agriculture

30 Jul '13
The Perm regional government in the West Urals is committed to supporting local legal entities developing innovation projects in agriculture, the Alliance-Media national business partnership website .

The region reportedly has plans to back agricultural projects in new technology development, energy saving, alternative energy production, and biotechnology (including waste processing).

An estimated $763,000 will be spent on innovation support in the region by the end of this year, the source said. An innovative agricultural producer may expect to have up to 50% of its innovation project spending reimbursed (but not more than $300,000 per company).

“Companies that employ scientific researchers developing an innovation project are eligible for reimbursement of their payroll costs,” regional officials told Alliance-Media.

One of the key eligibility criteria is the scalability and replicability of an innovation project for use in other regional companies, as well as across Russia.
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