Authorities in Sverdlovsk region intend to allocate about $2.8m from the regional budget to support science and modern technologies in 2012, UralPolit.Ru reports.

According to Aleksander Petrov, the minister of industry and science of Sverdlovsk region, next year the authorities plan significant funding to support science and modern technologies. “In 2012 we will hold a traditional official ceremony to give Sverdlovsk region Governor awards to young scientists and Demidovsky awards. Total amount, allocated from the regional budget on these purposes, will top $140,000. In addition, the region continues the program “Development of Infrastructure of Nano-Industry and Innovations in Sverdlovsk Region” to run in 2011-2015. About $2.65m will be assigned from the budget under the program next year,” the minister said.

The regional program “Development of Infrastructure of Nano-Industry and Innovations in Sverdlovsk Region” to run in 2011-2015 has been developed in order to provide favorable organization and material and technical conditions for forming stable elements of infrastructure of nano-industry and innovations in Sverdlovsk region. The document implies annual financing of projects in the nano-technologies sector and achievement of planned objective indicators by the nano-industry facilities.

The program realization in 2012 will result in organization of production with the use of nanotechnologies worth a total of $6.2m. Besides, the program implies creation of at least 40 jobs in nanotechnology sector and obtaining at least eight new science and technology products in the fundamental science field in the process of realization of works at the stage of fundamental research.