St. Petersburg invests 10 bln. rubles into innovations
St. Petersburg administration has adopted a comprehensive program to implement innovation policy for 2008-2011.
Jan 24, 2008
Due to the given program the city’s authority intends to make St. Petersburg one of the leading hi-tech centers worldwide, having increased the share of innovative products in the overall volume off city production to 10.3%. The project funding from the city and federal budget amounts to about 10 bln. rubles.
St. Petersburg receives its own development program to implement innovation policy for the next four years. The basic program document was developed in spring 2007. Later on July 20th the government approved the ordinance ‘On the bases of innovation policy in St. Petersburg, 2008-2011’, on the basis of which the mentioned above program was developed.
The overall concept for the city social and economic development consists of three supposed scenarios. ‘One of them is the following: St. Petersburg as the world’s innovation center, - Sergey Fiveysky, the first deputy chairman of St.-Petersburg Committee for Economic Development, Industrial Policy and Trade, says. – That is our strategic goal’. He believes by 2011 the city should increase the share of innovation sector in the total volume of shipments to 10.3%, fix the volume of expenditure on innovation technology at 22.717 mln rubles (at the exchange rate 24.63 rubles per $1, 24.01.08), while the number of developed advanced production technologies at 97 units. ‘According to our plan the number of patents granted should reach 2585 by 2011, while the number of employees engaged in research and development – 111 thousand’, - the official says. To achieve the status announced the authority intends to raise 9.6 bln. rubles.
First of all, funding in accordance with the program will go to the Regional Venture Investment Fund into Small Businesses in Science and Technology. The given fund will receive 100 mln rubles from St. Petersburg budget annually. The same sum will be allocated from the state budget. Other 200 mln. rubles will be raised by the fund managing company VTB Asset Management.
The first stage of the program implementation focuses on developing and adopting legal documents, which set the criteria to determine an enterprise or organization as innovative, defining trends for the city innovative development, and cluster policy formulation. After that personnel training and retraining will be paid special attention. To fulfill the latter task development of various courses of secondary, higher and postgraduate education is foreseen, which might require 256 mln rubles.
Expenditure subsidizing related to protection of copyright for innovative developments and real estate renting, as well as using expensive equipment, might cover 460 mln rubles. Customs, tax and budgetary legislations focused on enterprises producing innovation products for export are planned to be revised. Innovative enterprises will be encouraged for participating in state orders placement. 800 mln rubles are planned to be allocated for the given tasks.
Financial support for innovative enterprises participating in international and Russian exhibitions and conferences is offered within the program. An annual international innovative forum, St. Petersburg Innovation System guidebook, and a monthly targeted TV program are planned to be organized, issued and released since 2009. The budget for this item of the program amounts to 37 mln rubles. About 130 mln rubles is planned to be raised to attract foreign investment into the innovative sector of economy.
The most substantial investment including budgetary funds will be spent on the development of large-scaled IT-projects in the region: special economic zone Neudorf (about 6 bln rubles), IT-technopark on the basis of Bonch Bruevich Telecommunications University (1.4 bln. rubles) and Naukograd in Peterhof (324.5 mln rubles).
Commenting on the program, Valentina Matvienko, the governor of St. Petersburg, said ‘it might become profitable for the city if 5 rubles of extrabudgetary funding are raised on every ruble of budgetary means invested’. According to Valentin Makarov, the president of Russoft Associ
St. Petersburg receives its own development program to implement innovation policy for the next four years. The basic program document was developed in spring 2007. Later on July 20th the government approved the ordinance ‘On the bases of innovation policy in St. Petersburg, 2008-2011’, on the basis of which the mentioned above program was developed.
The overall concept for the city social and economic development consists of three supposed scenarios. ‘One of them is the following: St. Petersburg as the world’s innovation center, - Sergey Fiveysky, the first deputy chairman of St.-Petersburg Committee for Economic Development, Industrial Policy and Trade, says. – That is our strategic goal’. He believes by 2011 the city should increase the share of innovation sector in the total volume of shipments to 10.3%, fix the volume of expenditure on innovation technology at 22.717 mln rubles (at the exchange rate 24.63 rubles per $1, 24.01.08), while the number of developed advanced production technologies at 97 units. ‘According to our plan the number of patents granted should reach 2585 by 2011, while the number of employees engaged in research and development – 111 thousand’, - the official says. To achieve the status announced the authority intends to raise 9.6 bln. rubles.
First of all, funding in accordance with the program will go to the Regional Venture Investment Fund into Small Businesses in Science and Technology. The given fund will receive 100 mln rubles from St. Petersburg budget annually. The same sum will be allocated from the state budget. Other 200 mln. rubles will be raised by the fund managing company VTB Asset Management.
The first stage of the program implementation focuses on developing and adopting legal documents, which set the criteria to determine an enterprise or organization as innovative, defining trends for the city innovative development, and cluster policy formulation. After that personnel training and retraining will be paid special attention. To fulfill the latter task development of various courses of secondary, higher and postgraduate education is foreseen, which might require 256 mln rubles.
Expenditure subsidizing related to protection of copyright for innovative developments and real estate renting, as well as using expensive equipment, might cover 460 mln rubles. Customs, tax and budgetary legislations focused on enterprises producing innovation products for export are planned to be revised. Innovative enterprises will be encouraged for participating in state orders placement. 800 mln rubles are planned to be allocated for the given tasks.
Financial support for innovative enterprises participating in international and Russian exhibitions and conferences is offered within the program. An annual international innovative forum, St. Petersburg Innovation System guidebook, and a monthly targeted TV program are planned to be organized, issued and released since 2009. The budget for this item of the program amounts to 37 mln rubles. About 130 mln rubles is planned to be raised to attract foreign investment into the innovative sector of economy.
The most substantial investment including budgetary funds will be spent on the development of large-scaled IT-projects in the region: special economic zone Neudorf (about 6 bln rubles), IT-technopark on the basis of Bonch Bruevich Telecommunications University (1.4 bln. rubles) and Naukograd in Peterhof (324.5 mln rubles).
Commenting on the program, Valentina Matvienko, the governor of St. Petersburg, said ‘it might become profitable for the city if 5 rubles of extrabudgetary funding are raised on every ruble of budgetary means invested’. According to Valentin Makarov, the president of Russoft Associ