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About company


"National Agency for Technological Development" Joint Stock Company (hereinafter – Agency) was founded with one hundred percent state participation in the share capital and Agency is the successor of "National Innovation Fund "JSC.

The agency was created to assist in the coordination process of innovation development and provision of government support measures. The competence and powers of the Agency are prescribed  in the Law "On state support of industrial innovation" on January 9, 2012, in which the field of innovation support are provided:

-        system planning process of the country;

-        14 tools of industrial and innovation development support;

-        4 new types of innovation grants;

-        presents the analysis of mechanisms for the implementation of industrial and innovation policy`s effectiveness;

-        improvement of supporting innovation mechanisms.

 

The main activities of the Agency:
- Informational and analytical support for innovation
- Development of the commercialization system
- Development of an effective innovation infrastructure
- Administration of service tools designed to support innovation
- Investment support for innovative projects
- Promotion of innovation process


The main instruments of the Agency for business support:
- Innovative Grants;
- Project Financing;
- Financing through venture capital funds;
- Provision of technology business incubation;
- Provision of design offices;
- Provision of international technology transfer centers.