Centralized procurement as a financing tool for innovation and technology entrepreneurship

Abstract

This article proposes a model of phased financing of innovative projects implemented by small enterprises to market, using the internal "fundraising"of such companies, by participating in centralized procurement procedures under 44-Ф3 and 223-Ф3. The risks of applying such a model of project financing are assessed and the types of procurement procedures are compared with the current legislation of Russia in this area. © Published under licence by IOP Publishing Ltd.