The National Technology Innovation Fund supports 50% of the loan interest rate, maximum 6% per year, for businesses investing in technology transfer, application and innovation.

National Technology Innovation Fund (NATIF) - Ministry of Science and Technology, announced to receive applications for loan interest support for the second period of 2026, with the deadline being 24 hours on November 16.

This support is for businesses with projects or investment plans that include technology transfer, technology application, technology innovation and creative innovation, using loans from credit institutions.

Supported expenses are quite diverse, including costs for purchasing machinery, equipment, production lines to apply or innovate technology or fees for transferring the right to use and own technology.

Costs for hiring consultants, payments for raw materials, fuel, materials, and energy for trial production to calibrate and perfect technological processes and production lines are also included in the supported list.

In addition, there are other expenses such as training and fostering on technology transfer; design production technology and production lines; expenditure on outsourcing services to support technology application; Expenses for testing, inspection, and product quality assessment.

The support level is equal to 50% of the loan interest rate according to the credit contract between the business and the bank, but does not exceed 6% per year. Thus, with a loan with an interest rate of 10% per year, businesses receive a 5% interest rate subsidy. If the loan interest rate is 14%, the maximum support level is 6%.

Banks cooperating to support loan interest rates include Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV).

To be considered for support, businesses must have legal status, appropriate business lines and sufficient capacity to implement the project. Enterprises need to have a loan contract signed with a credit institution, accompanied by project documents or investment plans approved by the bank.

NATIF Fund will review applications based on the feasibility of objectives, content, implementation methods and the Fund's ability to allocate funding sources. The project's direct applicability, ability to impact, create economic efficiency or solve social problems will also be included in the approval criteria.

Mr. Bui Quang Minh, Director of NATIF Fund, said that businesses that meet the conditions can proactively submit online applications for approval without going through intermediary individuals or organizations. "The entire approval process will be carried out publicly and transparently," NATIF Director emphasized, adding that the Fund is ready to exchange and guide in person or online so that businesses can clearly understand policies, conditions and ways to receive support.

Zhong Dat

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