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General information about Fund of assistance to development of small forms of the entities in the scientific and technical sphere first choice cash advance. The innovative project – the complex of actions coordinated on the purpose, tasks, resources, contractors and terms of implementation providing development, production and sale of innovative products. Innovative products (products of innovative activities) – the implemented scientific and technical or scientific and technological achievements mastered in production new or advanced goods first choice cash advance, services or engineering procedures (products are considered innovative before preserving competitiveness by it in the internal and world markets). General information about Fund of assistance to development of small forms of the entities in the scientific and technical sphere: Fund of assistance to development of small forms of the entities in the scientific and technical sphere Fund – the state non-profit organization formed by the Order of the Government of the Russian Federation of February 3, 1994 No. 65, one of three state scientific funds. By the government of the Russian Federation it is established that 1,5 percent of funds of the federal budget for science go to Fund (2,5 billion rubles in 2009 first choice cash advance). Main objectives of Fund (priorities): • assistance to development of the Russian scientific and innovative sphere; • carrying out a state policy of development and support of small enterprises in the scientific and technical sphere; • rendering direct financial, information and other aid to the small innovative enterprises realizing projects on development and development of new types of the knowledge-intensive products and technologies on the basis of the intellectual property belonging to these entities; • carrying out a state policy of development and support of small enterprises in the scientific and technical sphere; • assistance to creation and development in Russia of the civilized market of objects of intellectual property; • development of interaction with the venture and other structures participating in financing of projects on all innovative cycle first choice cash advance; • creation and development of infrastructure of support of small innovative entrepreneurship.