The role of development institutions in strengthening Russia’s technological sovereignty

Having appeared in the middle of the last century, modern development institutions acquire new significance, becoming an important tool in the implementation of national programs and long-term plans developed by the state. This study includes consideration of issues related to the mission of development institutions related to the support and development of investment processes in Russia. The article covers the activities of federal development institutions from the point of view of the areas they implement, using appropriate measures developed with the support of the state and applied in the implementation of investment projects. Particular attention is paid to the activities of the national development institution - the state corporation Vnesheconombank (VEB.RF) as an organization that promotes priority investment projects using the Project Finance Factory Program. The article analyzes industry and territorial indicators characterizing the current state of investment activity in our country over the past few years. The example of projects implemented with the support of the Project Finance Factory clearly confirms the importance of VEB.RF in strengthening the technological sovereignty of Russia and the implementation of strategically important transport, energy, infrastructure and other projects. The presented statistical indicators confirm that VEB.RF, as a development institution, implements important areas of interaction between government bodies and private business, and has a powerful resource potential for implementing national development plans for the country.