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Moscow Tech Companies to Get $2.5 Million to Test Innovative Products

The Government of Moscow allocated $2.44 million (200 million rubles) to test innovative products. Tech companies and startups developing or releasing new products, technologies or software will be able to receive state aid.

60 sites of the city’s infrastructure will be provided for the tests. These sites include 24 healthcare and social service organizations, 12 cultural and recreational organizations, 4 educational institutions, and also technology parks, organizations in the housing and utilities sector and transport sector.

Earlier it was announced that the size of the grant for one test would be up to $24,464 (2 million rubles).

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