PSB has created a support center for high-tech companies

PSB Bank, together with Innopraktika, has launched a Support Center for high-tech companies. This was announced by Vera Podguzova, Senior Vice President and Director of External Relations at the PSB, speaking at a meeting of the Association of National Champions.

According to Podguzova, support for high-tech should be based on three key principles: trust, speed and scale. "Trust lies in the fact that the banking sector should be not just a creditor, but a reliable financial partner. The pace at which high—tech companies are developing also explains the second principle - the speed of service: entering new markets and scaling are accompanied by the need for rapid financing. And here the third principle is included — the scale and ability of the bank not only to service the transaction, but to accompany it throughout the entire stage, from the first Russian contract to entering international markets," she explained.

The Vice President of the PSB noted that the Center for Support of High-tech Companies combines the expertise of the PSB as a partner of the Russian industry and the competence of Innopraktika as a mediator between the participants of the innovation ecosystem. She stressed that high-tech companies need preferential financing not only at the stage of a small technology company, but also after they have grown out of this status.

"When it comes to the future of the country, we need to talk about affordable financing for technology companies," Podguzova said. According to her, the PSB is considering launching new programs together with Innopraktika to support high-tech, "since the planning horizon in this area is long, and subsidizing debt financing is required for the successful development of companies in the sector in such conditions."