Organization · Grant Maker
FASIE
FASIE, the Foundation for Assistance to Small Innovative Enterprises, is a Russian government-backed institution focused on supporting small innovative enterprises through grants and infrastructure development. It operates various programs aimed at funding R&D and commercialization efforts in technology sectors.
Overview
What FASIE does
What FASIE is
FASIE, the Foundation for Assistance to Small Innovative Enterprises, is a Russian government-backed institution focused on supporting small innovative enterprises through grants and infrastructure development. It operates various programs aimed at funding R&D and commercialization efforts in technology sectors.
How it participates in the startup ecosystem
The current public profile supports grantor capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Grant Maker
- Founded
- Founded in 1994
- Approximate age
- About 32 years
- Structured capabilities
- Grantor
- Last reviewed
- May 5, 2026
Official channels
Find FASIE elsewhere
Open the official website or a supported primary organization account.
Capability profile
FASIE as a grantor
Grant thesis
FASIE supports small innovative enterprises in Russia through direct financial and informational aid, focusing on R&D-to-commercialization pipelines for technology projects.
Focus narrative
FASIE, the Foundation for Assistance to Small Innovative Enterprises, is dedicated to fostering innovation in Russia by providing grants to small enterprises and individual innovators. Its programs, such as UMNIK and Start, are designed to support projects from the pre-seed stage through to commercialization, particularly in sectors like digital technologies, biotechnology, and new materials.
Value and support
Beyond funding, FASIE provides informational and infrastructural support to help projects develop and produce high-tech products, facilitating the commercialization of innovative ideas.
Grant economics
- Grant range
- $5,000–$400,000
- Typical grant
- $100,000
- Dilutive
- No
- Nonprofit only
- No
Availability
- Application state
- Accepting
- Next deadline
- May 12, 2026
Eligibility and fit
- Stages
- Pre-seed · Seed · Friends and Family
- Audience
- Founders
- Sectors
- Healthcare
Process and recipient context
Application process
Applications for FASIE grants are accepted on a batch basis, with specific deadlines for each program. Interested applicants must meet eligibility criteria, including Russian citizenship and small enterprise status. The application process is conducted online, and detailed information can be found on the respective program pages.
Recipient context
Notable past grantees include Jelastic Inc., which received a grant in 2012 and was later acquired by Virtuozzo, and NFCkey, which has been recognized among FASIE's investments. Additionally, Sibedge, a Development program winner, has successfully released a new competency-management system.
Common questions
What to know about FASIE
Upseed classifies FASIE under the Grant Maker organization type. Its current public profile includes grantor capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.