The Industrial Development Fund offers preferential financing terms for projects aimed at manufacturing import-substituting, high-tech, and competitive products, localizing the production of components and auto parts, leasing production equipment, machine tool building, digitalizing existing production facilities, manufacturing civilian or dual-use products by defense industry enterprises, product labeling, and increasing labor productivity.
To implement new industrial projects, the Fund provides
targeted loans at interest rates of 3% and 5% per annum for up to 7 years in amounts ranging from 5 million to 2 billion rubles, stimulating the flow of direct investment into the real sector of the economy.
The IDF also
co-finances projects requiring loans up to 200 million rubles with Regional Industrial Development Funds (RIDF) in a ratio of 90% (federal funds) to 10% (regional funds).
The Fund was established in 2014 at the initiative of the Ministry of Industry and Trade of the Russian Federation by transforming the Federal State Autonomous Institution "Russian Foundation for Technological Development."
Fund Presentation