Authorities want to oblige state-owned companies to purchase products from innovative startups
[ad_1]
The Ministry of Finance and the Central Bank proposed measures to develop the venture investment market. To support demand for start-up products, it is planned to apply “administrative requirements that establish minimum levels of investment by state-owned companies in innovative products of new enterprises.” This follows from the Financial Market Development Strategy until 2030.
The key condition for the success of startups is the formation of demand for their products and services, the reduction of barriers to their entry into the Russian market in relation to public procurement by the state, state-owned companies and companies with state participation, the document says.
[ad_2]
Source link
