An additional support package for entrepreneurs aimed at economic recovery

1 September 2020, Tuesday

On August 24, the Ministry of Economy of Tatarstan launched additional measures to support business aimed at restoring and reviving the republic's economy. Today, a new approach has been formed to the selection and assessment of measures to support entrepreneurs, which will allow businesses to reduce costs when getting out of the current economic situation.

The new package of measures is designed for the widest possible audience of entrepreneurs. The recipients of support can be organizations from the real sector of economy operating in the sectors of agriculture, forestry, manufacturing, construction, information and communication and in other sectors of the economy. Also, support measures are aimed at university graduates, catering organizations, residents and management companies of industrial parks and sites, export-oriented small and medium-sized businesses, entrepreneurs who have loans in their portfolio aimed at investment purposes.

The following support measures are available for all of the above categories of SMEs: