The Industry Development Fund will provide enterprises with a concessional loan of RUB 50 to 500 million at 1% for a period of up to 2 years under the “Combating Epidemic Diseases” programme.
This programme is aimed at funding companies that manufacture equipment and products for the detection, prevention, and treatment of epidemic diseases, or produce personal protective equipment, medicines, and medical devices.
Loan objectives are as follows:
- Purchase of equipment;
- Financing of working capital for the purchase of raw materials and components;
- Acquisition of critical finished products abroad.
Loan features:
- Co-financing is not required;
- Exemption from payment of principal debt up to 1 year;
- Collateral not required for financially sound state-owned corporations and PAO;
- Other financially sound companies only require the beneficiary’s guarantee to secure a loan; other companies: in accordance with the Fund standards.
Projects will be considered on an expedited basis.
Additional information can be found at the Consultative Centre of the Industry Development Fund: tel. +7 495-120-24-16, 8 800 500-71-29, E-mail: frp@frprf.ru, or at https://frprf.ru/protivodeystvie-epidemiologicheskim-zabolevaniyam/