The issue of this article is creation and basic stages of development of the innovative climate in Nizhny Novgorod Region. The region is traditionally notable for its great industrial facilities, moreover, it has a huge academic base for higher education
Keywords: Foundation for Assistance to Small Innovative Enterprises, «Start» program, «PYSIC» program («UMNIK»), program «Development — Scientific-Technological Initiative», Technopark «Ankudinovka», Nizhny Novgorod Region, innovative product