The National Technology Innovation Fund supports 50% of loan interest rates for technology investment businesses, maximum 6%/year, no more than 5 years.

Enterprises that borrow capital to invest in technology transfer, application, and innovation are supported by the National Technology Innovation Fund at half the interest rate, maximum 6% per year, for no more than 5 years.

According to the announcement of the National Technology Innovation Fund (NATIF) - Ministry of Science and Technology, businesses with projects or investment plans that are eligible for support, have been approved by banks for loans and signed credit contracts, can submit applications for interest rate support.

The deadline for receiving applications for the first phase of 2026 lasts until 5:00 p.m. on September 20. The support level is equal to 50% of the loan interest rate in the credit contract between the business and the bank.

However, the supported amount does not exceed 6% per year, and the support term does not exceed 5 years. With a loan with an interest rate of 10% per year, businesses receive support equivalent to 5%. If the interest rate is 14%, the 50% support level is 7%, but is only calculated up to 6%.

The policy applies to loans serving technology transfer, application, innovation or innovation projects. Capital can be used to buy machinery, equipment, and production lines; receive transfer of rights to use or own technology; trial production; hire experts; Training human resources to operate, master technology or perform product testing and inspection activities.

To receive support, businesses must be able to repay debt, fully fulfill financial obligations, commit to using capital for the right purpose and have valid application documents. The Fund will consider the feasibility of the project, implementation plan, potential, competitiveness and productivity of the product, ability to create a long-term impact on businesses or production sectors, and then make support decisions.

Documents that meet the conditions are selected for loan interest support in order of priority: Already have a credit contract; Enterprises have good credit levels, no bad debts; The project's technology priority must be in the list of technologies encouraged for transfer, high technologies prioritized for development or strategic technologies; The project has the ability to create an increase in added value of 7% or more.

Businesses are considered and evaluated in order of time when valid applications are submitted on the Fund's electronic portal until the funds are used up. The expected budget for phase 1 is 50 billion VND. VPBank and BIDV are two banks cooperating with the Fund to deploy interest rate support.

Trong Dat