The Regional Industrial Development Fund, on behalf of the head of Omsk region Alexander Burkov, is created on the basis of Microcredit Company of Omsk region. Omsk authorities allocate 80 million rubles ($ 1.28 million) for its capitalization from the Omsk regional 'development budget'.
An agreement on cooperation between the Federal Industrial Development Fund and Microcredit Company of Omsk region was signed a few days ago in St. Petersburg within the St. Petersburg International Economic Forum. The Federal Industrial Development Fund and the Government of Omsk region agreed on joint support of Omsk industrial enterprises.
