Application process started for implementing investment projects

1 March 2019, Friday

From March 1 to May 30, 2019, regions of the Russian Federation will start to receive applications for the implementation of investment projects within the framework of the Regions for Sustainable Development Annual Public Award contest.

The contest is held by Sberbank of Russia, Bank VTB, Rosselkhozbank, and Bank FC Otkrytie with the support from the Russian Government. Sberbank of Russia has created a special banking product for the implementation of investment projects submitted as part of the contest (www.sberbank.ru/ru/legal/credits/award_regions).

Applications are accepted for short-term and long-term investment projects of all industries that are suggested for the implementation in the Russian Federation.

Award-winning entrepreneurs will receive access to financial resources of the largest Russian banks on special loan terms and for the period required for the implementation of the suggested project (up to 15 years).

More information about the conditions of participation in the contest and the selection results can be found at the contest website www.infra-konkurs.ru, or from the Organising Committee by phone 8-800-775-10-73.

Regional Coordinator in Tatarstan is the Tatarstan Ministry of Economy. The person in charge from the Ministry of Economy is Oleg Sazanov, Leading Consultant at Innovation Activities Dept., tel.: +7 (843) 524-90-42.

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