Effectiveness of the Use of State Support Funds for Innovative Activities
The effectiveness of using state support funds for innovative activities - the use of state support funds for innovative activities by the institute of innovative development is considered effective in case of achieving, within the established period and (or) within the scope defined as a terminating condition, integrated and retroactively, based on the aggregate (portfolio) of investment financial expenditures (expenses) of the institute of innovative development carried out at the expense of state support funds for innovative activities received in the form of a contribution to the charter capital or budgetary investments, indicators of investment return taking into account additional financial, economic, socio-economic, scientific and technical results from the implementation of innovative projects1.
Federal Law of August 23, 1996 No. 127-FZ "On Science and State Scientific and Technological Policy", as amended on July 31, 2020, Article 16.5, paragraph 12 // Collection of Laws of the Russian Federation. 1996. No. 35. Article 4137. ↩