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ENTREPRENEURSHIP
Concession loans SUPPORT FUND
Leningrad region
Fund for Support of Entrepreneurship of Leningrad Region offers preferential terms for financing of projects aimed
at development of new hi-tech products, import substitution, leasing of production equipment, production of components.

Improvement of labour productivity Timber industry projects

Rate 1% Rate* from 1%

Total project budget from 25 mln RUB Total project budget from 25 mln RUB

Loan amount (mln RUB) 20–100 Loan amount (mln RUB) 20–100
For up to 5 years For up to 3 years
*With a bank guarantee or a guarantee of SME Corporation, 3% with other types of assurance. Rates can be reduced when purchasing
domestic equipment.

Development projects: cutting-edge technologies,
new products, import substitution Organization of components production
Loan amount 50–500 Loan amount 50–500
(mln RUB) (mln RUB)
Rate
Rate** 1% or 3% (first 3 years, then 3%) 1%

Co-financing Co-financing ≥20%
(applicant, investor, bank) ≥50% (applicant, investor, bank)

Own funds ≥15% Own funds ≥0%

**Rates can be reduced when purchasing domestic equipment and using a bank guarantee or a guarantee of SME Corporation,
regional guarantee organizations, VEB.RF and EXIAR

Since 2019 Fund for Support of Entrepreneurship and Industry provides financing for investment projects within the joint
programs with Industry Development Fund. The Fund provides loans for the projects in the sphere of import substitution,
introduction of cutting-edge technologies and new product development.

Loan conditions

Loan amount 20–100 Loan term up to 5 years
(mln RUB)

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