IDF

IDF co-financing program

From 2016 the Investment and Venture Fund of the Republic of Tatarstan is the authorized body of the Republic of Tatarstan Industrial Development Fund. The Investment and Venture Fund of the Republic of Tatarstan together with the Industrial Development Fund offer beneficial loan co-financing to the projects aimed at import substitution and competitive consumer goods manufacturing on competitive basis.

5%

Ставка по займу составляет всего 5% годовых

Basic requirements of IDF programs financing

Requirements to the project

  • Salability of products
  • Import substituting and/or export potential of products
  • Scientific and technical viability
  • Financial and economic efficiency and sustainability of the project

Requirements to the applicant

  • RF resident
  • Not under bankruptcy or liquidation
  • Not in litigation proceedings able to affect the project
  • Ownership structure is open, including final beneficiaries
  • Sustainable financial status
  • No arrears for tax, salary, as well as payments in IDF

Financed projects

  • «Organic Park» LLC – production of microbiological pesticides and agro-chemicals;
  • JSC "Riat" - Manufacture of automobile vacuum loaders and stationary vacuum installations for various industries.

Nomination
«Projects of Development»

Loan sum (million rub.)

  • 20-100
  • 5% annually

Total budget of the project (million rubles)

  • From 40

Targeted sales volume of the new product:

  • At least 50% of the loan sum per year
  • Starting from the 2nd year of mass production
  • Co-financing on the part of the applicant, private investors or banks
  • From 50% of the project budget
  • Including from own funds/shareholder funds
  • From 15% of the loan sum
  • Collateral in the amount of the loan sum and the interest for the total period of use

Nomination
«Component Parts»

Loan sum (million rub.)

  • 20-100
  • 1% in the first three years
  • 5% for the remaining term

Total budget of the project (million rubles)

  • from 28.6

Target sales volume of new products:

At least 30% of the loan sum annually

Starting from the 2nd year of mass production

Co-financing on the part of the applicant, private investors or banks

From 30% of the project budget

Including from own funds/shareholder funds

From 15% of the loaned sum

Cover funds in the amount of the loan sum and interest for the total period of its use.