Overview

• The Industry and Trade Ministry’s chemical industry department completed the project passport and placed it in the 2026–2028 federal budget cycle for financing, with rollout beginning in 2026.
• First Deputy Prime Minister Denis Manturov said the plan will go to the presidium of the presidential council on strategic development in November, followed by presentation to the president in November–December.
• The Kurchatov Institute was named the lead center for coordinating scientific and industrial work under the initiative.
• Budget documentation sets funding for the Technological Support of Bioeconomy program at 754 million rubles in 2026, 2.1 billion in 2027, and 2.2 billion in 2028.
• The framework comprises three federal projects covering production and sales, science and technology support, and analytics and workforce, with goals that include import substitution in biochemistry and support for startups and venture investment, drawing on a base of 47 research institutes and 89 universities.