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The Industry Development Fund of the Russian Federation has launched a new program

The Industrial Development Fund of the Russian Federation has launched a new program "Countering epidemic diseases".

The Fund's program is aimed at financing companies that produce equipment and products for the diagnosis, detection, prevention and treatment of epidemic diseases, as well as personal protective equipment, medicines and medical devices.


It is specified that the consideration of projects is carried out in an accelerated mode. To obtain a loan under this program, co-financing from the applicant is not required.Companies will be able to use the preferential loan to purchase necessary equipment, raw materials, materials and components, as well as critically important finished foreign products.Companies can take from 50 to 500 million rubles at 1% per annum for up to 2 years. In addition, up to 1 year of exemption from payment of the principal debt.


You can submit a request on the website of The Industrial Development Fund at the link https://frprf.ru/before_registration/

Recall, that it was created in April 2019, "Crimean regional Fund for Industrial Development" in Crimea. You can get advice about the new program from the Regional Fund by phone: +7 (978) 91 00 777.