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St. Petersburg Industrial Development Fund

INDUSTRIAL DEVELOPMENT FUND

«St. Petersburg’s Industry Development Fund» non-profit unitary organization was created in accordance with St. Petersburg Governor’s order by St. Petersburg’s Industrial Policy, Innovation and Trade Committee, while being supported by St. Petersburg’s Government.

St. Petersburg’s Industry Development Fund’s activities are aimed at regional innovation programs and projects organizing and implementing, which goal is to support the industry and innovation development in St. Petersburg.

St. Petersburg’s Industry Development Fund provides targeted loans to industrial enterprises within the existing Financing Programs at a rate of 3% per annum for up to 5 years in the amount of 5 million rubles to 150 million rubles, stimulating the direct investment influx in the economy’s real sector. Loans provided must be fully secured by liquid collateral.

REQUIREMENTS FOR THE APPLICANT:

  • Russian Federation resident
  • Registered address available in St. Petersburg
  • The project implementation, requiring financing by the Fund’s funds, is carried out in St. Petersburg
  • Debts absence to the budget
  • Legal purity
  • Sustainable financial position
  • Adequate loan security

LEARN MORE ABOUT FINANCIAL CONDITIONS AND SUBMIT A REQUEST

St. Petersburg’s Industry Development Fund’s director: Evgeny Z. Shapiro
info@frp.spb.ru / +7 (812) 576-31-33