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Page 158
Solving these problems requires attracting investments to new
conversion-oriented production enterprises. The Sarov City
Administration and the management of the city-forming
enterprises—VNIIEF and Avangard—are working to support
conversion enterprises by means of several targeted programs. The
measures included in these programs are aimed at achieving a number of
goals, namely,
To achieve these goals, the following objectives should be addressed:
This report covers the activities of the Sarov City Administration and
the management of the city-forming enterprises in support of small
innovative businesses and conversion-oriented production facilities.
It cites data on investments and describes the concept of the
Innovative Technology Center being established in the city as a key
element in the innovation infrastructure.
TAXPRIVILEGES GRANTED BY THE CITY
ADMINISTRATION TO SMALL INNOVATIVE FIRMS
The Sarov City Duma grants certain taxation privileges to
enterprises and other institutional taxpayers having community
development-oriented investment projects and owing no tax debts as
of the date of filing their tax declarations. This action is taken
to provide incentives for business activity, attract additional
funds on the revenue side of the Sarov city budget, preserve
existing jobs and create new ones, and implement welfare programs
in the Sarov closed administrative zone. The privileges are granted
in accordance with the provisions of Articles 1 and 56 of the
