VEB.RF ACCEPTS APPLICATIONS FOR FINANCING PROJECTS FROM SINGLE-INDUSTRY TOWNS
VEB.RF State Corporation accepts applications from entrepreneurs from single-industry towns. Now they have access to loans for investment projects up to 1 billion rubles and funds for co-financing infrastructure up to 750 million rubles.
Requirements for the initiator of the investment project, as well as the necessary package of documents for receiving funds from VEB.RF can be found here.
Previously, single-industry towns were supported by a specialized development institute - the non-profit organization Monotown Development Fund. In 2020, the Government of the Russian Federation, as part of the reform of development institutions, decided to liquidate the Fund. His powers were completely transferred to VEB.RF.