Autonomous Institution Industrial Development Fund of the Chuvash Republic of the Ministry of Industry and Energy of Chuvashia offers favorable conditions for co-financing projects aimed at the development of new high-tech products, technical re-equipment, expansion and increase of production of competitive products.
Program "Industry"
| Amount of a loan | Term | Co-financing | Loan interest |
|---|---|---|---|
| from 25 to 500 Mio rubles | up to 5 years | from 50% of the total cost | 3% per annum; minus 2% if there is bank guarantee |
Program "Upgrade"
| Amount of a loan | Term | Co-financing | Loan interest |
|---|---|---|---|
| from 5 to 50 Mio rubles | up to 5 years | не менее 20% от стоимости приобретаемого оборудования |
3% per annum; minus 2% if there is bank guarantee |
Program "Investment Activity"
| Amount of a loan | Term | Co-financing | Loan interest |
|---|---|---|---|
| from 25 to 500 Mio rubles | up to 5 years | from 50% of the total cost | 3% per annum; minus 2% if there is bank guarantee |
Program "Collective Loans"
| Amount of a loan | Term | Софинансирование | Loan interest |
|---|---|---|---|
| from 10 to 100 Mio rubles | up to 5 years | from 50% of the total cost | 3% - base rate; 1% for the first 3 years if there is bank guarantee; minus 2% of the base rate in case of purchase of Russian equipment |