Kaluga Region Innovative Companies to Receive Grants under Commercialization (Stage X) Program of the Foundation to Support InnovationsProduction Placement Application
On April 27, 2020 the Directorate of the Foundation to Support Innovations issued a protocol to approve the results of a contest held under Commercialization (Stage X) Program. Two small innovative businesses from Kaluga Region were included in the list ofthe contest winners to receive grants, which can be used to finance their projects.
1) EKOMED LLC, Kaluga, has received a grant of RUR 6 million to finance its project named Organization of Serial Production of Unified Line of Microwave Sterilizers of Various Capacity for Food Industry Raw Materials‘ and Food Sterilation.
2) Svetosistemy LLC, Obninsk, has received a grant of RUR 18 million to finance its project named SUNRiSE Smart Lighting Control System.
Commercialization program is intended to support innovative small businesses, which completed R&D works and plan to launch or expand production of innovative products.
The provided grants are to help recepients to revamp their production facilities, to launch manufacturing of innovative products, to expand production and create new jobs for hignly qualified personnel. All projects financed under programs of the Foundation to Support Innovations are being implemented with information and consulting support of the Agency for Innovative Development of Kaluga Region.