The government approves the rules for granting subsidies for the purchase of software for small and medium-sized businesses

Small and medium-sized enterprises will be able to buy Russian software at more favorable prices. Russian Prime Minister Mikhail Mishustin approved the rules for subsidizing this support measure.

According to the document, the discount should be 50 per cent of the average market price. Subsidies are provided directly to software developers. Those who have received the payment assure to reduce the cost of their products to small and medium-sized businesses so that such enterprises can reduce their software costs.

The Russian Information Technology Development Foundation will administer the payments. The Foundation organizes a competitive selection of developers with the assistance of Russian Ministry of Digital Development. In 2021, one billion roubles were allocated for this support measure, in 2022 - 2 billion roubles, in 2023 - 2 billion roubles, and in 2024 - 2 billion roubles.

The adopted decision will stimulate the introduction of Russian software and support the domestic IT sector.