 From some 507 applications, 39 were awarded funding, including two from ITMO University.In 2013 ITMO University won two more mega-grants from the Ministry of Education and Science of Russia Federation.Since 15 August 2009 Russian universities are able to form small innovative enterprises according to Federal Law No.217 of August 2, 2009 N 217-FZ "On Amendments to Certain Legislative Acts of the Russian Federation on the establishment of budget scientific and educational institutions, business entities for the purpose of practical application (implementation) of the results of intellectual activity".