The Industrial Development Fund

The Industrial Development Fund (VEB.RF Group) offers preferential terms for co-financing projects aimed at the development of new high-tech products, import substitution, leasing of production equipment, implementation of machine-tool projects, digitalization of existing industries, production of high-tech civilian or dual-use products by defense industry enterprises, production of components, labeling goods and increased productivity.

For the implementation of new industrial projects, the Fund provides targeted loans at a rate of 1% and 3% per annum for up to 7 years in the amount of 5 million to 2 billion rubles, stimulating the inflow of direct investments into the real sector of the economy.

IDF also co-finances projects that require loans of up to 100 million rubles, with regional industrial development funds (RFDF) in a ratio of 70% (federal funds) to 30% (regional funds).