Urals | Technology & innovation | Finance, business
Extreme North region encourages local innovation
8 Nov '13
A reported 64 projects have applied for participation in an innovation project competition being held by the authorities of the Yamal-Nenets region in Northwest Siberia, Alliance-Media reported.
Most applications reportedly came from the IT and tourism sectors (13 and nine projects, respectively).
In addition, regional innovators are seeking government support in pushing their projects in food and light industries, ecology, energy saving and alternative energy, public utilities, housing construction in the Extreme North conditions, transportation, and road building.
A separate group of projects to be screened for the competition is focused on improving healthcare and the life of the indigenous peoples in Russia’s Arctic.
The screening panel of experts is also considering lots of applications from the oil and gas technology developers. Those include projects in oil and gas chemistry, improvement of extraction from oil beds, and use of casing-head gas.
In addition to non-monetary awards, the winners may expect to receive more than $60,000 in prize money.