Companies at the third stage of the "Start" program by the Innovation Promotion Fund of Russia generated the highest revenue compared to businesses at earlier stages of that program in 2019. Small individual entrepreneurs at the seed stage generated over four million Russian rubles in revenues.
Total annual revenue per participating company of the "Start" program of the Innovation Promotion Fund in Russia in 2019, by stage*
(in million Russian rubles)
Characteristic
Revenue in million Russian rubles
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* In 2008, the Start program was launched by the Innovation Promotion Fund. Through this program, the fund finances companies at the early-stage of development.
Start 1: seed stage, funding volume up to two million Russian rubles.
Start 2: funding volume up to three million Russian rubles. Companies at this stage should be able to raise funds for the implementation of the project from
extrabudgetary sources.
Start 3: funding volume between four to five million Russian rubles. At this stage there're two options for co-financing: either rising funds from extrabudgetary sources or using company's own funds.
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Innovation Promotion Fund. (April 1, 2020). Total annual revenue per participating company of the "Start" program of the Innovation Promotion Fund in Russia in 2019, by stage* (in million Russian rubles) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1219365/innovation-promotion-fund-s-revenue-from-start-program-russia/
Innovation Promotion Fund. "Total annual revenue per participating company of the "Start" program of the Innovation Promotion Fund in Russia in 2019, by stage* (in million Russian rubles)." Chart. April 1, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1219365/innovation-promotion-fund-s-revenue-from-start-program-russia/
Innovation Promotion Fund. (2020). Total annual revenue per participating company of the "Start" program of the Innovation Promotion Fund in Russia in 2019, by stage* (in million Russian rubles). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1219365/innovation-promotion-fund-s-revenue-from-start-program-russia/
Innovation Promotion Fund. "Total Annual Revenue per Participating Company of The "Start" Program of The Innovation Promotion Fund in Russia in 2019, by Stage* (in Million Russian Rubles)." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1219365/innovation-promotion-fund-s-revenue-from-start-program-russia/
Innovation Promotion Fund, Total annual revenue per participating company of the "Start" program of the Innovation Promotion Fund in Russia in 2019, by stage* (in million Russian rubles) Statista, https://www.statista.com/statistics/1219365/innovation-promotion-fund-s-revenue-from-start-program-russia/ (last visited August 24, 2024)
Total annual revenue per participating company of the "Start" program of the Innovation Promotion Fund in Russia in 2019, by stage* (in million Russian rubles) [Graph], Innovation Promotion Fund, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1219365/innovation-promotion-fund-s-revenue-from-start-program-russia/
