Ministries of the Republic of Tatarstan Ministry of Industry and Trade of the Republic of Tatarstan

Procedure set for subsidies to organisations taking part in DT activities

1 September 2020, Tuesday

Resolution of the Russian Federation Government No. 1598 of December 5, 2019 “On Approving the Rules for Granting Subsidies from the Federal Budget in Support of Projects to Transform Priority Sectors of the Economy and Social Sphere Through the Introduction of Domestic Products, Services and Platform Solutions Created on the Basis of End-to-End Digital Technology, with the Use of Concessional Lending” (as amended by Resolution of the Russian Federation Government No. 974 of July 2, 2020), the procedure for granting subsidies from the federal budget is established, according to which subsidies are granted to authorised banks in order to reimburse the costs of providing financial resources at a reduced rate (from 1% up to 5% per annum) to organisations that carry out activities referred to digital transformation and implementation of information technologies, including digital solutions.

The requirements of this Resolution provide for the support of companies to purchase, among other things, Russian technology solutions (software and hardware systems). The maximum size of a concessional (subsidised) loan for a project is up to RUB 5 billion, and for a complex programme consisting of several interconnected projects, up to RUB 10 billion.

More detailed information is available on the official website of the Ministry of Communications of Russia at https://digital.gov.ru/activity/directions/942/.

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