Regional Development Fund for the Yaroslav Region is supplemented by 100 million roubles
The Ministry of Investment and Industry of the Jaroslava Region and the Regional Development Fund of the Yaroslava Region (RCF) have entered into an agreement to recapitulate the organization by 100 million roubles. Funds have been allocated under a single regional grant, a regional government support mechanism that aims to co-finance the expended obligations of RF actors in industrial development programmes.
♪ As a result of this agreement, the total capitalization of the Regional Development Fund exceeded 800 million roubles, the first Vice-President of the Government of the Jaroslav region, Denis Hohrakov. - This year, the fund has already supported five businesses with a total of 79 million roubles. The current rate for borrowers is 6.8 per cent.
In 2025, 20 loans totalling 405.5 million roubles were issued. Of which, 14 loans totalling 286.335 million roubles were received by industry. A subvention from the regional budget for docapitalization last year was 92.75 million roubles.
♪ The financing of industrial projects is direct support for the industrial sector, and we see that the Fund ' s instruments are increasingly used by business, noted by the Minister of Investment and Industry of the Jaroslava Region, Alexander Olkhov. - The recapitalization of the Regional Development Fund will enable us to increase business access to concessional loans so that enterprises can improve production, introduce new technologies and launch investment projects.
Lung-earmarked loans from the FIF provide three support programmes: " Industry " , " Development " and " Tourism development " , enabling business to attract funding for different purposes. In particular, the " Industry " programme can provide funds for the acquisition and installation of Russian or imported equipment, the introduction of software and equipment, the acquisition of licences and patents, and the development, certification and testing of products.
Loans range from 10 to 60 million roubles. Funds are provided at the rate of 1⁄4 key rate of the Bank of Russia plus 3 percentage points, but not less than 5 per cent of annual bank guarantees, for up to 36 months. At the same time, the total project budget should be at least 12.5 million roubles and the applicant ' s share of co-financing should be at least 20 per cent.
Consultations are available at the Yaroslavl, Sverdlova Street, 25d, telephone +7 (4852) 59-41-08.