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Titanium Valley will receive financial support from the Ministry of Economy

This week the Russian Ministry of Economy announced the results of the competition ITC (Innovative regional clusters). The «Titanium Valley», took part in the competition for state financial support, was among the winners: SEZ will share with the other 24 finalists-name prize of 5 billion rubles.

only a «Titanium Valley» came from the Urals Federal District in the group winners. In total 94 projects of innovative clusters have participated in the competition. The Commission considered the Ministry of Economy of their application within a month.

By implementing the winning project organizers plan to attract more public development institutions. Among them are «FSRMFP in NTS» (Foundation for Assistance to Small Innovative Enterprises in Science and Technology), the Foundation for Development of the Centre and the commercialization of new technologies, OJSC «RVC» (Russian Venture Company) and other structures.

Special Economic Zone «Titanium Valley» — a massive project that will combine several dozen enterprises of mechanical engineering and aerospace, construction industry companies, residents of the pharmaceutical and chemical industries. At present on the territory of «Titanium Valley» works on site preparation for construction of objects of I stage of construction.

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