The International Industrial Exhibition Innoprom-2024 in Catherineburg provided information on the performance of regional industrial development funds. For example, the Regional Development Fund for the Yaroslava Region has become one of the nine regional industrial development funds throughout Russia, which have ensured the implementation of the annual budget by 100 per cent. In the industrial sector, 16 concessional loans totalling 246.4 million roubles were issued. These facilities were sent to purchase new equipment, to upgrade capacity and to modernize production. In addition, 15 loans were provided to food and agriculture enterprises by 70.5 million roubles.

- The Jaroslav region actively supports industry in the region to develop steadily - the Minister of Investment and Industry of the Jaroslava Region, Alexander Eduardovic Olkhov. - This year, the State programme " Industry development in the Yaroslav region and enhancing its competitiveness " provides for the up-to-date of the Fund from the regional budget of about 200 million roubles. In addition, one of the main areas of State support is the federalization of regional enterprises, the selection of options for public support and the facilitation of its receipt.

Collaboration with the Federal Industrial Development Fund is active. In order to develop production, enterprises in the region received 16.2 billion roubles of concessionary loans from the FSF.

In the near future, the region is planning to participate in the additional competitive selection of the Ministry of Commerce of Russia with a view to obtaining federal funds to co-finance the regional industrial development programme in 2024. This will provide additional funds for concessional loans to industry to finance investment projects.