Technological entrepreneurship is a key driver of economic progress, so one of the governments top priorities is to facilitate its further development. The Far East already has a solid base to launch innovative projects with a science and technology centre and the RU Tech Park functioning at the Far Eastern Federal University, the opening of engineering divisions at industrial corporations, the opening of the Far Easts first IT park in Yakutia, and the successful operation of a new mechanism to fund high tech companies the Far East High Technology Fund, which has already funded its first projects. The transformation of promising projects into functioning high-tech businesses remains an important issue. How can we accelerate this process and get large and medium-sized businesses to introduce advanced technological solutions? What solutions are essential for lifting regulatory restrictions when introducing promising technologies?