Ministry of economy of the RT prolongated acceptance of applications for subsidizing rates on loans for small and medium businesses until the end of November

More Tatarstan entrepreneurs will be able to receive 100% subsidization for loan payments. This year, applications for this support measure have been extended until November 29.

As part of the program of subsidizing the interest rate on loans issued by Russian banks, launched on October 3, it has been decided to allocate subsidies to 19 entrepreneurs of Tatarstan in the amount of more than 51 million rubles.

Recall that under the new program, entrepreneurs need to pay only the "body " of the loan. The maximum amount of financial assistance per recipient is 10 million rubles per year. This year, the acceptance of documents for this support measure was scheduled to end on November 15. However, due to the growing demand from entrepreneurs, the Ministry of economy of the RT  prolongated the acceptance of documents from applicants for this support measure until November 29, 2019.

"The subsidy program showed high demand among those who invest in business development. We received more than 600 requests for advice, but not all entrepreneurs had time to prepare the necessary documents for the application. Also, someone found out about the program quite recently. In order to help entrepreneurs, it was decided to postpone the deadline for applications for this support measure until the end of November, " the Minister of economy of the RT Farid Abdulganiyev said.

The conditions for consideration of an application remained the same: entrepreneurs are reimbursed for all actually incurred and documented costs associated with the payment of interest on loans borrowed from Russian credit institutions not earlier than January 1, 2017. At the same time, the interest rate on the loan should not exceed the weighted average interest rate calculated by the Central Bank of the Russian Federation for the last 3 years (14.13%).

You can apply from Monday to Thursday from 9.00 to 17.00, on Friday from 9.00 to 16.00, at: Kazan, Moskovskaya str., 55, office 521. Telephone for consultations: 236-29-96.