Investment and Venture Fund of Tatarstan the non-profit organization informs that in accordance with the decision of the Supervisory Board of the Industrial Development Fund, the terms of joint financing programmes will be changed. From March 24, 2023, under the «Development projects», «Components» and «Labor Productivity» programmes the maximum loan amount increased from 100 million to 200 million roubles.
The programmes provide preferential loan financing at 1 and 3 per cent per annum for projects aimed at import substitution, production of competitive civil and dual-use products, manufacturing of production tools, equipment and machines, assistance with the implementation of software and technological solutions (digitalization) for optimization of production processes and projects aimed at modernization or organization of production of components increasing the level of localization of the final Russian products.