Financial support
Microcredit Company "Microfinance Entrepreneurship Fund of the Republic of Crimea" (MCC MEFRC) provides microloans to individual entrepreneurs and legal entities that meet the criteria of a micro and smaii businesses they are registered on the territory of the Republic of Crimea.
At the same time, the purpose of using a microloan should be the creation and development of your own business, replenishment of working capital, purchase of equipment and other areas related to the implementation of business activities.
Microloans of up to 5 million rubles are provided to entrepreneurs on a refundable and reimbursable basis for a period of 6 to 60 months.
The Fund provides microloans under 14 programs:
Program
Note
% rate
Monotown priority
SME registered and operating in the territory of a single-industry city while implementing priority projects
8
Priority
SME implementing priority projects specified in clause 1.2 "priority projects" of the Rules for Granting Microloans by MCC MEFRC
14.4
Social
SME carrying out activities in the field of social entrepreneurship (up to or over RUB 500 thousand)
1; 8
Other SMEs
Other SMEs that cannot be attributed to any of the presented preferential schemes
17
Self-employed
The amount varying from RUB 50,000 to RUB 500,000 is provided to an individual who is not an individual entrepreneur and applies the special Professional Activity Tax regime
8
Trust
The amount varying from RUB 150,000 to RUB 500,000 is provided to SMEs with a positive credit history in the Fund (optional), with the provision of a collateral in the form of a surety of an individual, without pledge
8
BENEFICIAL
It is provided during the period of high alert or emergency mode, in accordance with sub-clause 6) of clause 3.6 of the Rules for Granting Microloans by the Microcredit Company "Microfinance Entrepreneurship Fund of the Republic of Crimea"
8
GRANT
The amount varying from RUB 25 thousand to RUB 500 thousand is provided to subjects of youth (aged 25, inclusive) and (or) social entrepreneurship, applying for a grant
8
SUPPORT Z
RUB 150 thousand to RUB 5 million. The amount is provided to entrepreneurs who provide support to the Russian army within the SMO in terms of production, sale of goods and provision of services to help military personnel, or victims of shelling by armed formations of Ukraine and terrorist acts
1
Refinancing
Refinancing of the Applicant’s debt in other financial institutions
1-17
Maximum
Term of the microloan varying from 36 to 60 months; – residential real estate facilities cannot be pledged; – deferment of up to 6 months
8-16
Versatile
Amounts varying from RUB 150,000 to RUB 1,000,000 are provided to small and medium-sized enterprises from 01.11.2023 to 31.01.2024
6
Business Emergency
RUB 150,000 to RUB 1,000,000. The term varies from 6 to 24 months. Provided to SMEs recognized as affected in connection with the emergency situation associated with the passage of a complex of dangerous meteorological phenomena in the territories of municipalities of the Evpatoria urban district, Dzhankoy urban district, Saki urban district, Yalta urban district, Simferopol urban district, Alushta urban district, Sudak urban district, Krasnoperekopsk district, Saksky district, Simferopolsky district, Belogorsky district, Nizhnegorsky district, Sovetsky district, Chernomorsky district, Dzhankoysky district, Krasnogvardeysky district, Bakhchisaraisky district of the Republic of Crimea.
1
Jubilee
Microloan (secured) from RUB 2 million to RUB 5 million. Term of granting varies from 6 months to 36 months. Provided to small and medium-sized enterprises from 15.03.2024 to 31.12.2024
10
Rules for Granting Microloans by Microcredit Company "Microfinance Entrepreneurship Fund of the Republic of Crimea"
Rules (as amended on 21.03.2024) (PDF, 1.42 Mb)Contact information
Fund Director: Valentina Mihailovna Alenina
Address: 1, 5th floor, Kirov Ave., Simferopol, 295000, Republic of Crimea
E-mail: fond.mikrofinansRK@mail.ru, fond@mikrofinrk.ru
Site: www.mikrofinrk.ru
Telephone: +7 (3652) 772-277,
+7 (978) 999-07-77 — department for microloan support,
+7 (978) 211-5-000 — department for providing microloans,
+7(978)996-00-23 — to provide advice.
Location:
Surety by the Crimean Guarantee Fund Joint Stock Company (hereinafter, the Fund) is provided to small and medium-sized enterprises and (or) support infrastructure organizations established (registered) in the territory of the Russian Federation in accordance with the applicable legislation, carrying out (planning to carry out) activities in the territory of the Republic of Crimea and complying with the following conditions:
- the results of financial and economic activity of the recipient of support allow to fulfill the obligations under the contract secured by the Fund’s surety;
- as of any date during the period equal to 30 calendar days preceding the date of conclusion of the surety agreement, there are no overdue debts on taxes, fees and other obligatory payments to the budgets of the budgetary system of the Russian Federation exceeding RUB 50,000. This information can be confirmed by the financial organization;
- insolvency (bankruptcy) procedures, including supervision, financial restructuring, external management, bankruptcy proceedings or revocation or suspension of the license (if the activity is subject to licensing) are not applied to the recipient of support;
- providing security under the main contract (except for surety) in the amount of:
- а) guaranteeing the total amount of collateral (taking into account the Fund’s surety) not less than 100%, with the amount of the principal obligation reaching up to RUB 60 mln;
- b) not less than 30% (excluding the Fund’s surety) with the amount of the principal obligation starting from RUB 60 mln.
Support may not be provided for small and medium-sized business and (or) support infrastructure organizations:
- being credit organizations, insurance organizations (except for consumer cooperatives), investment funds, non-governmental pension funds, professional participants in the securities market, pawn shops;
- parties to production sharing agreements;
- carrying out business activities in the field of gambling;
- being non-residents of the Russian Federation in accordance with the procedure established by the legislation of the Russian Federation on currency regulation and currency control, except for cases stipulated by international agreements of the Russian Federation;
- in the process of liquidation, reorganization, as well as in the case of application of insolvency (bankruptcy) procedures, including supervision, financial recovery, external management, bankruptcy proceedings, or cancellation and suspension of the license (if the activity is subject to licensing);
- failed to submit documents or submitted false information and documents;
- those who do not meet the conditions for providing support;
- recognized as having violated the procedure and conditions for providing support, including failing to ensure the intended use of support funds, if less than three years have passed since the date of recognition.
Scheme of the Fund operation
Requirements for the received credit and a bank guarantee
Criterion
Bank credit
Bank guarantee
Term of the secured obligation
from 6 months
up to 2 years
Amount of the secured obligation
from 150 000 rubles or more
without limitations
Surety amount
up to 70% of the credit amount
up to 70% of the guarantee amount - for small and medium businesses operating in the high-priority economic sectors;
up to 50% of the guarantee amount - for other support recipients
Guarantee fee
from 0.25% per annum of the guarantee amount
0.5% per annum of the surety amount - for small and medium businesses operating in the high-priority economic sectors;
1% per annum of the surety amount - for other support recipients
Fee payment procedure
One-time payment
In the event the Fund surety is provided for more than 1 year, payment by installments is possible (paid period - a year or a remaining period of the surety validity)
One-time payment
Surety commencement date
Surety validity period starts from the moment of its issue (a surety agreement conclusion) subject to the fee payment
Requirements for financial (bank) organization
Financial organization having passed a qualification process and concluded a cooperation agreement with the Fund
The procedure for the provision of sureties by the Fund and the fulfillment of obligations under suretyship agreements
Procedure (November 2023) (PDF, 447.56 Kb)
Contact information
General director: Sabina Shamilovna Lysenko
Address: 13 A, Turetskaya str., Simferopol, 295000, Republic of Crimea
E-mail: garant-fond@mail.ru
Site: garant-fond-rk.ru
Telephone: +7 (978) 915-62-91, +7 (978) 900-27-37.
Location:
Educational and consulting services
Entrepreneur House: support and development of small and medium enterprises
Educational courses
Seminars and trainings
Advisory support on the following issues
"School of Content" educational project
"ABC of Entrepreneurship" training course
financial planning
"School of Lecturer" educational project
Webinars of the Department of the Federal Tax Service of Russia in the Republic of Crimea
marketing support of activities and business planning
"My Business. Class" educational project
"Boiling Points" workshops
legal support for activities
"Efficient Manager" training program
"Edges of Financial Freedom" training
informational and legal support of activities
Business Start and About Business courses on business basics
personnel selection
"Self-Employment Academy" educational project
application of labor legislation of the Russian Federation
Contact information
Director: Vladislav Valeryevich Hanzhara
Address: 1st floor, 20 A, Sevastopol str., The house of entrepreneurs, Simferopol, Republic of Crimea, 295011
E-mail: fond@frbk.ru
Site: www.frbk.ru
Telephone: +7 (978) 075-88-32
«Hoteline»: 8 (800) 500-38-59
Location:
JSC «Regional Leasing Company of the Republic of Crimea» (hereinafter - RLCRC) has been established within the framework of the national project "Small and medium entrepreneurship and support for individual entrepreneurial initiative" in order to provide support to Crimean entrepreneurs in the field of financial leasing (leasing).
The main goal of the company is to provide opportunities for small and medium businesses located on the territory of the Republic of Crimea and Sevastopol, preferential conditions for the acquisition of fixed assets using the leasing mechanism.
Presentation (PDF, 1.29 Mb)Founder of the RLCRC is the Republic of Crimea. The Ministry of Economic Development of the Republic of Crimea performs the rights of the founder on behalf of the Republic of Crimea. RLCRC provides preferential leasing programs for the purchase of various equipment, transport, heavy and special equipment, small recreational and fishing vessels, promotes the development of small and medium businesses in the Crimea.
Advantages of leasing financing:
- it does not require additional software,
- lease payments are attributed to expenses,
- accelerated depreciation of the leased item with a coefficient of up to 3,
- saving of working capital,
- VAT offset from lease payments.
To date, RLCRC offers 7 leasing products:
- «Equipment leasing»,
- «Leasing of medical equipment»,
- «Leasing of motor transport»,
- «Leasing of heavy and special equipmen»,
- «Leasing of small fishing vessels»,
- «Leasing of agricultural machinery and equipment»,
- «Leasing of vehicles for the development of tourist transportation and recreation».
CREDIT
LEASING
Only a certain percentage on the loan can be included in the costs: no more than the refinancing rate of the Bank of Russia, increased by 1.8 times, in foreign currency in an amount equal to the product of the refinancing rate of the Bank of Russia and the coefficient of 0.8% (Article 269 of the Tax Code of the Russian Federation).
The lease payment is fully included in the costs of the lessee (article 28 Law No.164-FZ, subpt 10, paragraph 1, article 264 of the Tax Code of the Russian Federation).
Fixed assets acquired at the expense of a loan are amortized in a general manner in accordance with the depreciation groups established by the Tax Code of the Russian Federation. When the fixed asset is placed on the company's balance sheet, property tax (real estate) is charged.
Leased item is amortized using a special coefficient not exceeding 3. With the exception of 1-3 depreciation groups (article 259 of the Tax Code of the Russian Federation), which allows you to amortize the property faster.
VAT is accepted for offset only from the value of the Purchase and Sale Agreement.
When paying lease payments, VAT is allocated and accepted by the lessee for offset.
The need to provide security in the form of a pledge of the borrower's property, etc.
When concluding a leasing transaction on standard terms, additional collateral is not required.
The attraction of borrowed capital changes the ratio of equity and borrowed capital in the company's balance sheet.
The balance sheet of the organization maintains an optimal ratio of own and borrowed capital.
General terms and conditions of lease:
Amount financed
from RUB 1 mln to RUB 65 mln.
In the period from 20.03.2024 to 31.12.2024 the maximum amount of financing for each leasing transaction (each leasing agreement) is set in the amount not exceeding RUB 30 mln. The total amount of financing per lessee under all transactions (all leasing agreements) does not exceed RUB 65 mln.
Interest rates
6 % per annum for Russian equipment and vehicles;
8 % per annum for foreign equipment and vehicles.
Advance payment
from 10% or more
Lease term
up to 60 months.
In the period from 20.03.2024 to 31.12.2024, the maximum lease term in the Standard category for certain leasing products is up to 84 months.
Payment schedule
uniform (annuity)/decreasing/seasonal
Balance sheet holder
Lessee/Lessor (as agreed)
Insurance
carried out by the Lessor (insurance costs are included in lease payments)/The lessee
The main parameters of financing
Financing conditions
EXPRESS
STANDARD
Minimum amount of financing
from RUB 0.5 million
from RUB 1 million
Maximum amount of financing
RUB 9 million
(The cost of the leased item is up to RUB 3 million)
RUB 65 million
Advance
from 20 %
from 10 %
Lease term
up to 3 years
up to 5 or 7 years
Term of doing business
from 1 year
from 1 year
Decision-making period
up to 12 days
up to 25 days
Contact information
General director: Irina Vladimirovna Maksimova
Address: 5th floor, 13 A, Turetskaya str., Simferopol, 295000, Republic of Crimea
E-mail: info@rlkrk.ru
Site: rlkrk.ru
Telephone: +7 (978) 908-16-91, +7 (978) 908-15-85, +7 (3652) 788-111
Location:
The Autonomous Nonprofit Organization "Southern Regional Export Support Center" (hereinafter – the Center) provides comprehensive financial and non-financial support to export-oriented enterprises of the Republic of Crimea. The Center was established in 2018 with the support of the Ministry of Economic Development of the Republic of Crimea.
Presentation (PDF, 4.0 Mb)
The main purpose of the Center's activities is to provide services aimed at creating an effective system of support for exporters in the territory of the Republic of Crimea of the Russian Federation.
Presentation 2 (PDF, 0.4 Mb)The main objectives of the Center are:
- providing comprehensive support to export-oriented enterprises of the Republic of Crimea;
- involvement of Crimean businesses in export activities;
- popularization of the Republic of Crimea as an export region;
- development of foreign economic activity;
- development and strengthening of international business cooperation of the Republic of Crimea.
The services provided by the Center include:
- export counseling;
- export training;
- translation of presentation materials;
- creating a website in a foreign language;
- drawing up of a quotation;
- organization of participation in international and reverse business missions;
- organization of participation in exhibition and fairs;
- placement on electronic trading platforms;
- market research;
- certification and standardization;
- product transportation;
- search and selection of a foreign partner.
Financial products of the Center provided to entrepreneurs of the Republic of Crimea
VAT REFUND GUARANTEE
The guarantee is provided on behalf of the Exporter (Principal) in favor of the Federal Tax Service. It ensures the return by the Principal of the amount of VAT claimed for reimbursement and received from the budget in advance, if the decision to resent the amount of VAT in the application procedure based on the results of a desk tax audit is canceled by the Federal Tax Service totally or in part.
FACTORING
Servicing accounts receivable arising from export shipments of goods and closing the risk of non-payment from foreign buyers.
EXPORT CONTRACT INSURANCE
This is a financial protection measure for companies that ship products on the international sales market with deferred payment. The insurance product itself guarantees compensation to the seller for part of the cost of its goods, which the recipient cannot pay on time.
Advantages of export activity for business:
- the emergence of additional sales markets;
- increased profit: possible cost savings due to increased production scale, leading to higher profits;
- dynamic business development: the sale of goods and services not only in the domestic market, but also to other countries will help your business to develop faster and adapt to the changing market requirements;
- dynamic business development: the sale of goods and services not only in the domestic market, but also to other countries will help your business to develop faster and adapt to the changing market requirements;
- reducing the company's dependence on the domestic market: the sale of goods for export diversifies risks, such as the impact of domestic economic conditions or seasonal factors;
- innovation development: familiarity with new ideas, technologies and processes can contribute to the development of certain innovative products and services;
- global competitiveness: trading on the global market will introduce you to the best international business practices, creative ideas and alternative ways of doing business.
Contact information
Acting Director: Ksenia Yakovlevna Slutskaya
Address: office 46, 3rd floor, 8 h., Sevastopolskaya str., Simferopol, 295024, Republic of Crimea
E-mail: exportrk2018@yandex.ru
Site: https://exporteram.ru/
Telephone: +7 (978) 797-87-97.
Location:
Crimean Regional Fund for Industry Development Non-Profit Organization (hereinafter, the Fund, CRFID NPO) offers preferential terms of co-financing of projects aimed at the development of new high-tech products, import substitution, export, introduction of the best available technologies for legal entities, as well as organizations implementing projects for the creation and development of industrial and process infrastructure in the territory of the Republic of Crimea, which meet the requirements set by the standards of the Fund.
Presentation (PDF, 1.44 Mb)
CRFID REGIONAL PROGRAMS:
Development Projects
(regional financing)
Loan amount: from RUB 5 million to RUB 50 million.
Loan term: not more than 5 years.
Interest rate:
- 1% per annum in the first three years of loan use and 3% per annum for the remaining period of loan use, provided that collateral in the form of independent guarantees of credit organizations and (or) guarantees and sureties of Federal Corporation for the Development of Small and Medium Enterprises JSC, regional funds for SME lending assistance is provided for the entire amount of the loan and for the entire loan term;
- 3% per annum for the first three years of the loan and 5% per annum for the remaining loan period if other collateral is provided;
- 2% per annum in the first three years of use of the loan and 3% per annum in the remaining period of use of the loan for organizations implementing their investment project and having the status of a participant in a free economic zone during the term of use of the loan in accordance with Federal Law No. 377-FZ dated 29.11.2014 "On the Development of the Crimean Federal District and Free Economic Zone in the Territories of the Republic of Crimea and the City of Federal Significance of Sevastopol" and received a loan for implementing an investment project in accordance with the Agreement on the Terms and Conditions of Activity in the Free Economic Zone.
The interest rate may be set at the rate of one (1) percent per annum for the entire loan term, provided that domestic equipment is purchased for the implementation of the project in the amount of at least 70% of the loan amount.
Target sales volume of new products: at least 50% of the loan amount per year, starting from year 2 of mass production.
Co-financing by the Applicant, private investors or banks: at least 20% of the total project budget
Intended use:
- new product/technology development;
- purchase or use of special equipment for carrying out the necessary R&D work and technology development, including the creation of pilot production units;
- development of a feasibility study for the investment stage of the project, pre-investment analysis and project optimization, not including expenses for analytical market research. Certification and introduction of new methods of efficient production organization (ISO 9000, LEAN, etc.);
- acquisition of rights to the results of intellectual activity (licenses and patents) from Russian or foreign right holders;
- engineering;
- acquisition of ownership for the purposes of process revamping and upgrade of production of Russian and (or) imported industrial equipment, both new and used (including accessories, process equipment, repair kits), as well as its installation, commissioning and other measures to prepare it for mass production;
- general business expenses for the project – the cost of performing management and maintenance of the units implementing the project – in the amount not exceeding 10% of the loan amount;
- construction/modernization or major repairs for the purposes of setting up production of production, storage and/ or administrative buildings and/ or structures used in the project – in the amount not exceeding 50% of the loan amount.
Principal redemption procedure: equal quarterly installments over the last two years of the loan term.
Procedure to redeem interest for using the loan: quarterly, starting from the first quarter following the loan granting.
Introduction of the goods movement monitoring system
(regional financing)
Loan amount: from RUB 2 million to RUB 20 million.
Loan term: 12 to 36 months.
Interest rate: 5% per annum for the entire term of using the loan.
Co-financing by the Applicant, private investors or banks: at least 20% of the total project budget.
Intended use:
- purchase of Russian and (or) imported equipment and engineering software to implement the Project (in the amount of not less than 70% of the loan amount);
- R&D work (in the amount not exceeding 10% of the loan amount);
- acquisition of rights to the results of intellectual activity (licenses and patents), as well as to using software (no more than 10% of the loan amount), from Russian or foreign right holders;
- development of design documentation within the project implementation (in the amount not exceeding 5% of the loan amount).
Principal redemption procedure: equal quarterly installments starting from the second year of the loan granting.
Procedure to redeem interest for using the loan: quarterly, starting from the first quarter following the loan granting.
Product manufacturing and packaging
(regional financing)
Loan amount: from RUB 5 million to RUB 25 million.
Loan term: 12 to 60 months.
Interest rate: 3% per annum for the first three years of using the loan and 5% per annum for the remaining period.
Co-financing by the Applicant, private investors or banks: at least 20% of the total project budget
Intended use:
- acquisition of rights to the results of intellectual activity (licenses and patents) from Russian or foreign right holders;
- acquisition of ownership for the purposes of creating a new production and (or) upgrade/process revamping of production of Russian and (or) imported industrial equipment designed for production and packaging of products, both new and used (including accessories, process equipment, repair kits), as well as its installation, commissioning and other measures to prepare it for mass production;
- engineering;
- general business expenses for the project – the cost of performing management and maintenance of the units implementing the project – in the amount not exceeding 10% of the loan amount;
- construction/reconstruction or overhaul for setting up the manufacturing of production, warehouse and (or) administrative buildings and (or) structures used in the project – in the amount not exceeding 50% of the loan amount.
Principal redemption procedure: equal quarterly installments upon expiration of four (4) full payment periods upon loan disbursement.
Procedure to redeem interest for using the loan: quarterly, starting from the first quarter following the loan granting.
Working capital financing
(regional financing)
Loan amount: from RUB 1 million to RUB 25 million.
Loan term: 12 to 24 months.
Interest rate: 5% per annum for the entire term of using the loan.
Intended use:
- purchase of goods, finished products, consumables, low-value materials, raw materials and components for the production of industrial products;
- labor costs and statutory accruals for these payments for administrative and production personnel;
- payment of bank commissions for servicing the Account.
Principal redemption procedure: equal quarterly installments starting from the second year of the loan granting.
Procedure to redeem interest for using the loan: quarterly, starting from the first quarter following the loan granting.
SUPPORT Z
Loan amount: from RUB 5 million to RUB 30 million.
Loan term: 12 to 36 months.
Interest rate: 1% per annum for the entire term of using the loan.
Co-financing by the Applicant, private investors or banks: at least 20% of the total project budget.
Intended use:
- acquisition of ownership of Russian and (or) imported equipment intended for the production of non-food products, both new and used (from the date of issue of which less than ten (10) years have passed as of the date of conclusion of the loan agreement with the Fund), accessories and (or) process equipment and (or) repair kits, the delivery time for which does not exceed ninety (90) calendar days upon conclusion of the loan agreement with the Fund, as well as its (their) delivery, installation, commissioning and other measures to prepare it for mass production for creating a new production or upgrade/process revamping of the existing production;
- purchase of inventory, components, consumables and low-value materials, raw materials and resources required for manufacturing non-food products;
- labor costs and statutory accruals for these payments;
- acquisition of ownership of technical means, components and software for them, of Russian and (or) imported production, designed to detect (observe) and counter unmanned aerial vehicles (UAVs), unmanned underwater vehicles (UAVs) and unmanned surface vehicles (UAVs).
Principal redemption procedure: equal quarterly installments starting from the second year upon conclusion of the target loan agreement.
Procedure to redeem interest for using the loan: quarterly, starting from the first quarter following the loan granting.
Support measures involving federal co-financing
from the Russian Foundation for Technological Development under
the following support programs:
Development Projects
(federal co-financing)
Loan amount: from RUB 10 million to RUB 200 million.
Loan term: not more than 5 years.
Total project budget: at least RUB 20 million.
Interest rate:
- 3% per annum, provided that the entire loan amount and the entire loan term are secured by independent guarantees of credit organizations and (or) guarantees and sureties of Federal Corporation for the Development of Small and Medium Enterprises JSC, Bank for Development and Foreign Economic Affairs of the Russian Federation of regional funds for SME lending assistance;
- 5% per annum for the entire loan term if other collateral complying with the requirements of the Standard of the Fund for Industry Development is provided;
- 3% per annum for the using the loan if the Applicant acquires Russian equipment or domestic software in the amount of at least 50% of the loan amount.
Target sales volume of new products: at least 50% of the loan amount per year, starting from year 2 of mass production.
Co-financing by the Applicant, private investors or banks: at least 20% of the total project budget.
Intended use:
- new product/technology development;
- purchase or use of special equipment for carrying out the necessary R&D work and technology development, including the creation of pilot production units;
- development of a feasibility study for the investment stage of the project, pre-investment analysis and project optimization, not including expenses for analytical market research. Certification and introduction of new methods of efficient production organization (ISO 9000, LEAN, etc.);
- acquisition of rights to the results of intellectual activity (licenses and patents) from Russian or foreign right holders;
- engineering;
- acquisition of ownership for the purposes of process revamping and upgrade of production of Russian and (or) imported industrial equipment, both new and used (including accessories, process equipment, repair kits), as well as its installation, commissioning and other measures to prepare it for mass production;
- expenses related to the production and market launch of pilot batches of products – up to 20% of the loan amount.
Component parts
(federal co-financing)
Loan amount: from RUB 10 million to RUB 200 million.
Loan term: not more than 5 years.
Total project budget: at least RUB 12,5 million.
Interest rate:
- 3% per annum, provided that the entire loan amount and the entire loan term are secured by independent guarantees of credit organizations and (or) guarantees and sureties of Federal Corporation for the Development of Small and Medium Enterprises JSC, Bank for Development and Foreign Economic Affairs of the Russian Federation of regional funds for SME lending assistance;
- 5% per annum for the entire loan term if other collateral complying with the requirements of the Standard of the Fund for Industry Development is provided.
Target sales volume of new products: at least 30% of the loan amount per year, starting from year 2 of mass production.
Co-financing by the Applicant, private investors or banks: at least 20% of the total project budget.
Intended use:
- development of a new product/technology and preparation of its production;
- purchase or use of special equipment for carrying out the necessary R&D work and technology development;
- development of a feasibility study for the investment stage of the project, pre-investment analysis and project optimization, not including expenses for analytical market research. Certification and introduction of new methods of efficient production organization (ISO 9000, LEAN, etc.);
- acquisition of rights to the results of intellectual activity (licenses and patents) from Russian or foreign right holders;
- engineering;
- acquisition of ownership for the purposes of process revamping and upgrade of production of Russian and (or) imported industrial equipment, both new and used (including accessories, process equipment, repair kits), as well as its installation, commissioning and other measures to prepare it for mass production;
- general business expenses for the project – the cost of performing the functions of management and maintenance of the subdivisions implementing the project – in the amount of no more than 10% of the loan amount.
Improving labor efficiency
(federal co-financing)
Loan amount: from RUB 10 million to RUB 200 million.
Loan term: not more than 5 years.
Total project budget: at least RUB 25 million.
Interest rate:
- 3% per annum, provided that the entire loan amount and the entire loan term are secured by independent guarantees of credit organizations and (or) guarantees and sureties of Federal Corporation for the Development of Small and Medium Enterprises JSC, Bank for Development and Foreign Economic Affairs of the Russian Federation of regional funds for SME lending assistance;
- 5% per annum prime rate for the entire loan term;
- 7% per annum in case of failure to fulfill the conditions of the National Project.
Target labor efficiency growth: by at least 10%, 15% and 30% based on the results of the first, second and third years of participation of the enterprise in the National Project, in relation to the base year, and then the addition to the previous year by at least 5%.
Co-financing by the Applicant, private investors or banks: at least 20% of the total project budget.
Grace period: up to 3 years exemption from payment of the principal debt.
Intended use:
- technology development/transfer, including:
a) Research and Technology (R&T);
b) certification, control and certification procedures;
c) purchase of consumables for technology development/transfer activities (≤20% of the loan amount).
- engineering;
- acquisition of rights to the results of intellectual activity (≤15% of the loan amount);
- acquisition of ownership of industrial equipment;
- acquisition or use of special equipment for conducting R&T;
- development of feasibility study, pre-investment analysis, not including expenses for analytical market research;
- general business expenses (≤10% of the loan amount).
You can read more about the terms and conditions of co-financing projects here.
Contact information
Director:Oleg Gennadievich Kirilin
Address: office 808 ("FABRIKA" Business Center), 41, Kievskaya str., Simferopol, 295017, Republic of Crimea
E-mail: info@frpk.org
Site: frpk.org
Telephone: + 7 (978) 910-07-77.
Location:
In order to provide state financial support to the subjects of entrepreneurial activity in the territory of the Republic of Crimea the Procedure for Granting Subsidies to Legal Entities from the Budget of the Republic of Crimea to Provide Financial Support to Enterprises through the Mechanism of Cheaper Loans and Financial Rent (Leasing), approved by the Resolution of the Council of Ministers of the Republic of Crimea No.93 dated 11.03.2015, shall apply.
Legal entities that are registered as taxpayers and carry out economic activities in the territory of the Republic of Crimea are entitled to receive financial support.
Presentation (PDF, 1.1 Mb)Subsidies are provided:
- in the form of partial compensation of interest expenses on loans received from banks for the development of the enterprise’s business. Compensation is 60% of the actual money paid for using the loan;
- in the form of partial compensation of expenses under financial lease (leasing) agreements. Compensation is 10% of the amount of the advance or first lease payment (excluding VAT) under the financial lease (leasing) agreement.
The method of selection of a subsidy recipient for granting a subsidy is a competition held to determine the subsidy recipients based on the best conditions for achieving the results for the purpose of which the subsidy is granted.
In order to participate in the competition, enterprises shall submit application documentation, the deadline for submission of which is at least 30 calendar days following the day of issuing the announcement of the competition.
The Law of the Republic of Crimea No. 355-ZRK/2022 "On the Budget of the Republic of Crimea for 2023 and for the Planning Period of 2024 and 2025" dated 15.12.2022 provides for allocations in the amount of RUB 81,114,700.00 for this type of support.
The information necessary for the enterprises of the Republic to receive subsidies is also posted on the official website of the Ministry of Finance of the Republic of Crimea.
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