The seminar was attended by representatives of a number of units under the Ministry of Science and Technology, the Ministry of Finance; representatives of some Departments of Science and Technology; representatives of banks cooperating with NATIF to deploy lending activities and representatives of a number of businesses in Nam Dinh province;…

After a period of implementing sponsorship activities for S&T tasks, NATIF continues to develop, operate effectively, and make practical contributions to the activities of application, technology transfer and innovation of Industry enterprises, creating breakthroughs to improve productivity, quality, efficiency and competitiveness of the economy, the Prime Minister issued Decision No. 04/2021/QD-TTg on the regulations of organization and operation of NATIF Foundation. According to the new regulations, the capital size of the Fund increased from 1,000 billion VND to a minimum of 2,000 billion VND. The Fund implements the main activities including preferential loans, loan interest rate support, loan guarantees and capital support (from the state budget) with the aim of supporting businesses and organizations to transfer, innovate, complete technology improvement.

Speaking at the workshop, Mr. Nguyen Dinh Binh - Director of NATIF said that in order to perform the functions of an off-budget state financial institution, the Fund has coordinated with related units to complete the documents, regulations and guidelines for preferential lending activities, especially indirect lending activities. In order for capital lending activities to be highly effective to support businesses and organizations to implement projects of innovation and improvement of technology, the Fund needs to promote cooperation with banks with experiences in banking activities. At the same time, coordinate with the Departments of Science and Technology across the country, accompanied by searching, selecting and supporting businesses in the province and city that really have the capacity and need for technological innovation, perfecting technologies to access capital support with preferential interest rates from the Fund.

The workshop was organized to support the Departments of Science and Technology, the banks cooperating with the Fund to have full information on conditions, requirements, procedures to seek and support businesses to access preferential capital from Fund for technological innovation contributes to improving the capacity and competitiveness of production, contributing to the socio-economic development of the country.