The analysis of the activities of the Fund to become the general director of Innovation Promotion Fund held over the past few years. Described the goals of the Fund and its tasks, given the situation underlying the formation directions of the Foundation for the development of small innovative business. The main direction of selection of projects and programs of the Foundation. The place of the Foundation in the national innovation system, describes the nature of its interaction with other development institutions
Keywords: FASIE, small innovative business, development institutions, anti-crisis measures, import substitution, export, regional representatives