October 25, 2016, Kazan, the Investment and Venture Fund of the Republic of Tatarstan will hold a presentation of a new program of preferential financing business.
Currently, the Fund considers and selects investment projects with the purpose of financial support under a program “Development Projects”, being implemented in cooperation with the Industrial Development Fund (IDF). Loans under the program range from 20 to 100 million rubles under 5% annual for the term up to 5 years. Co-financing of the project by the applicant, private investors or through bank loans must be at least 50% of the total budget of the project. Including at least 15% of the total budget of the project must be financed by own funds of the applicant.
The joint program of the Investment and Venture Fund of RT and IDF, which was launched in June, are in high demand. In the current economic climate, the program attracts the profitable conditions for obtaining long-term money. According to the program “Development Projects” companies can get a loan for business development from 20 to 100 million rubles under 5% annual for the term up to 5 years. The presentation will take place in Technopark “Idea”.
The presentation of the program “Development Projects”, where listeners will be presented the conditions of the program and features of the preparation of documents, as well as there will be answered questions, will be held on the 25th of October 2016 in Kazan.
The presentation will be held in the building of Technopark “Idea”, the beginning at 10:00 am.
The number of places for participants is limited. You must pre-register by phone: +7 (843) 570-40-19.
We would like to remind that the Investment and Venture Fund of the Republic of Tatarstan was determined as the Industrial Development Fund of the Republic of Tatarstan by a decree of the Cabinet of Ministers of the Republic of Tatarstan. The Regional Fund together with the Federal Industrial Development Fund provides co-financing of projects implemented in priority areas of Russian industry.
Information and documents on the program “Development Projects” are published on the website of IVF RT.
The press service of the Investment and Venture Fund of RT
