Prime Minister of Tatarstan Alexey Pesoshin holds session of the Supervisory council of Investment and venture fund of the Republic of Tatarstan

On September 25, Prime Minister of Tatarstan Alexey Pesoshin held a session of the Supervisory council of the Investment and venture fund of the Republic of Tatarstan. The first part of the session was dedicated to the regional Fund of industry development.

The Investment and venture fund of the Republic of Tatarstan in cooperation with the federal Fund of industry development co-finances projects at the rate of 5 per cent per annum under the programme “Development projects”.

Another project was also presented to the Supervisory council for approval. Co-financing will be possible only if it is approved by the expert council of the Fund of industry development (Moscow).

Deputy director of Investment and venture fund of the Republic of Tatarstan Fanis Khakimullin presented new programme “Component parts” that implies loan co-financing for the projects of modernization or organization of the production of component parts which increase the level of localization of final products.

Also, the development of the center of competences in the sphere of technological business and accelerated development of innovative companies at OOO “Pulsar Ecosystem” was discussed at the session. Director of OOO “Pulsar Ecosystem” Pavel Korolev made a reported on this issue.