The Far East Development Fund is one of the main development institutions working in the Russian Far East and the Baikal region
About
The Far East High Technology Fund is an investment fund created in 2018 by the Far East Development Fund, RUSNANO and RVC (Russian Venture Company) to finance and support high-tech projects in the Far East of Russia.
The key figures defining the Fund are as follows
5
billion rubles
Current of investment
not more than
10 %
Fund resources to be invested in one project
not more than
490
million rubles
maximum investment in one project
The Fund invests in fast-growing Russian companies in the high-tech sector, which:
Are developing technologies, products and services that hold promise for the future
Will nurture development of the business environment in the Far Eastern Federal District
Are based in the Far Eastern Federal District.
As well as investing in companies, the Fund also:
supports business development by portfolio companies in the Russian Far East;
develops the business ecosystem and infrastructure to support innovative projects;
works to attract investments in high-tech industries;
helps to attract new capital for promising projects.