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Government grants another 160mln rubles to Moscow Region for pilot innovative clusters

December 20, 2013, 16:28 UTC+3 MOSCOW
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MOSCOW, December 20. /ITAR-TASS/. The Russian government has granted additional subsidy worth 160 million rubles (USD 1 = RUB 32.97) to the Moscow Region’s budget for programs aimed at the development of pilot innovative clusters.

According to the official website of the Cabinet of Ministers, the relevant decision was signed by Prime Minister Dmitry Medvedev. The document changes the distribution of subsidies, which is envisioned by this year’s federal budget to regional budgets and aimed at the development of pilot innovative clusters in territories.

As a result of November-held tender, the list of eleven Russian regions was adopted for co-financing worth about 1.14 billion rubles of such pilot projects through the mechanism of subsidies. The funds are disbursed to support steps, which in particular are aimed at developing innovative, transport, energy, engineering and social infrastructure of the clusters of the kind.

“Whereas, the law ‘On Federal Budget for 2013 and Planned Period of 2014 and 2015’ envisaged 1.3-billion-ruble assignment for the purpose, an unspent balance of about 160 million rubles was received,” the Cabinet of Ministers underlines in the statement posted on its website, “The Economic Development Ministry carried out another tender, upon results of which the Moscow Region received the additional subsidy.” “Therefore, the subsidy granted to the Moscow Region grew by 160 million to reach 257.6 million roubles,” the cabinet said.

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