*Proceeding to each next stage is only possible provided that positive results are met at the previous stage
** Consultations on preparing documentation and searching for investors are provided on a paid basis for project applications submitted by private investors

Criteria for NCDC financed projects*

Selection criteria for investment projects:

  • The project should comply with the principles and main business lines established by the Memorandum on Financial Policy of State Corporation "Bank for Development and Foreign Trade" (Vnesheconombank)
  • The project should comply with the goals and priorities established by the Strategy of Social and Economic Development of the NCFD up to 2025
  • The project is be executed within the geographic boundaries of one or several regions of the NCFD
  • The total amount of required debt and/or equity financing for project implementation should exceed 500 mil. RUR
  • Payback period of the project should not exceed seven years from the moment the Corporation starts its financing
  • The project initiator should be ready to contribute at least 30% of the total funding required, 1/3 of which shall be money means
  • The would-be management and key personnel of the potential project company must possess the necessary knowledge and experience consistent with the project objectives
  • The internal rate of return (IRR), supported by verifiable financial calculations, should exceed 12% per annum

Priority industries:

  • Construction materials
  • Consumer goods
  • Agriculture and food processing
  • Tourism
  • Chemicals
  • Machinery
  • Metals and mining
  • Fuel industry
  • Electric power

To submit an application to NCDC for consideration you need to prepare the required package of documents satisfying the criteria.

* Board of Directors of NCDC may decide on exclusion of any criteria for a particular project