Labor productivity loan
The Industrial Development Fund within the framework of the program “Improving Labor Productivity” provides preferential loans at 3% or 5% per annum for the implementation of projects aimed at increasing labor productivity at manufacturing enterprises (except for food) located in the regions participating in the national project “Labor Productivity”. The loan funds can be used to modernize existing production or modify the product line and cannot be used to create production facilities or produce new products for the enterprise.
The applicant must be a member of a regional productivity programme. To obtain a certificate of ANO “Federal Center of Competences in the Field of Labor Productivity” on the company’s availability of key elements of the production system and a sufficient level of use of internal resources for increasing productivity or to obtain a protocol on creating a production flow-sample based on the results of work with federal or regional competence centers.
Loan size
from 50. before 300. million rubles.
Term of the loan
before 5 years
Overall budget of the project
from 62.5 million rubles.
Interest rate
- 5% base rate;
- 3% with a bank guarantee, as well as guarantees of VEB.RF or SME Corporation
- Additional conditions for reducing the rate by two percentage points:
when included in the Register of producers of goods using secondary raw materials with an indication of the share of its use;
• during the IPO procedure during the term of the loan agreement.
Requirements
Project products are contained in the List of components necessary for industries approved by the Interdepartmental Commission of the Ministry of Industry and Trade of Russia;
production of components used as part of industrial products listed in the appendix to the PP of the Russian Federation No. 719 "On confirmation of production of industrial products in the territory of the Russian Federation";
the product is included in the industry plans of import substitution of the Ministry of Industry and Trade of Russia;
Products are classified as high-tech.
Conditions of financing
loan funds can be used for the modernization of existing production or modification of the product line at the enterprises of the manufacturing industry (except for food) and can not be directed to the creation of production or the release of new products for the enterprise.
The applicant must be a member of a regional productivity programme.
obtain a certificate of ANO “Federal Center of Competences in the Field of Labor Productivity” on the company’s availability of key elements of the production system and a sufficient level of use of internal productivity resources.
or
obtain a protocol for creating a production flow-sample based on the results of work with the FCC or RCC.
the target indicator of labor productivity growth in relation to the base year should be at least 10%, 15% and 30% according to the results of the first, second and third years, respectively, of the enterprise’s participation in the National Project, then the increase over the previous year should be at least 5%.
! Co-financing by the applicant, private investors or banks ≥ 20% of the project budget.
Regulatory framework
Contacts
Industrial Development Fund,
101000, Russia, Moscow, Lyalin Lane, 6, page 1,
+7 495 120-24-16, 8 800 500-71-29 .
E-mail: frp@frprf.ru