State and business investments in scientific research need to be increased to 2% of GDP by 2030, stated Russian President Vladimir Putin in his address to the Federal Assembly. The head of state emphasized the importance of scientific knowledge for economic development.
We must more than double the total investment in research and development, bringing their share to 2% of GDP by 2030, and in this indicator, join the ranks of the world's leading scientific powers
During a meeting of the Council for Science and Education, which took place in early February, Putin stated that Russia is among the top countries in terms of government spending on science.
He instructed the Cabinet to expand funding for this sector. As part of the country's technological development program, members of the government must present a list of the most important science-intensive technologies.
Earlier, the Ministry of Education and Science announced the "Student Startup" competition to develop technological entrepreneurship among students of Russian universities. Priority will be given to projects related to AI, 3D printing technologies, and medicine. Winners will receive 1 million rubles for their implementation.