In early 2020 Intersputnik launched a program for the development of space communications business in the member-countries.
Funding can be obtained by a national government or private company engaged in satellite business for at least three years, showing successful financial results for the last two years, and having a stable and positive credit history as well as all requisite licenses.
$4,500,000
Total amount available
up to $750,000
per project
up to US$ 1,000,000
for Intersputnik Signatories
Funding under the Program can be provided either as a loan granted by Intersputnik for up to five years or by way of assigning to Intersputnik a share in the company’s authorized capital.
The Directorate of Intersputnik will control if the borrower observes the conditions of financing and spends funds for the intended purpose. To do so, the Directorate may hire independent experts. Also, the Directorate may request information and documents confirming proper spending and demand that Intersputnik and the borrower sign an agreement on such control.
Submit preliminary applications and get more detailed information on participation in the contest.
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