SMALL TECHNOLOGY COMPANIES WILL BE ABLE TO OBTAIN LOANS OF UP TO ONE BILLION RUBLES
The subsidized lending program for high-tech, innovative small and medium-sized businesses at 3% per annum under the federal project “Takeoff – from startup to IPO” is extended to small technology companies. Moreover, the maximum loan amount has been increased to 1 billion rubles.
As reported by the official website of the Ministry of Economic Development of Russia, this is the first implemented measure of financial support for this category of business. For high-tech small and medium-sized enterprises, the amount remains the same - up to 500 million rubles.
Small technology companies that meet the program's criteria can already submit loan applications on preferential terms through the digital platform МСП.РФ. The application review period is up to 1.5 months. The financing is provided by MSP Bank.
You can learn more about the requirements for applicants to obtain the status of a small technology company here.