Industrial Development Fund

The Industrial Development Fund offers preferential terms for financing projects aimed at the development of new high-tech products, import substitution, leasing of production equipment, machine tool construction, digitalization of existing production facilities, production of high-tech civilian or dual-use products by defense industry enterprises, production of components, labeling of goods and increasing labor productivity.

To implement new industrial projects, the Fund provides targeted loans at rates of 3% and 5% per annum for a period of up to 7 years in the amount of 5 million to 5 billion rubles (as part of the main financing programs), stimulating the influx of direct investment into the real sector of the economy.

The IDF also jointly finances projects that require loans of up to 200 million rubles, with regional industrial development funds (RDIF) in a ratio of 90% (federal funds) to 10% (regional funds).

The fund was created in 2014 on the initiative of the Ministry of Industry and Trade of the Russian Federation through the transformation of the Federal State Autonomous Institution “Russian Fund for Technological Development”.

You can read about the activities of the Omsk Industrial Development Fund at the link: https://investomsk.ru/ru/article/free-consultation