For 5 years, 7.3 billion rubles were allocated to support business in the Republic of Tatarstan

26 November 2020, Thursday

Over the past five years, more than 7.3 billion rubles have been allocated in Tatarstan to support entrepreneurs. 2.6 billion rubles of which were allocated from the federal budget, 4.7 billion - from the budget of Tatarstan. Support is provided within the framework of the national project “Small and Medium Enterprises and Support for Individual Entrepreneurial Initiatives”, republican and federal programs.

Financial and non-financial support measures have been developed for entrepreneurs of the republic. Currently, business representatives are in special demand for preferential microloans, loan guarantees and subsidies, certification services, placement and promotion on electronic trading platforms, assistance in conducting patent research. This year, entrepreneurs received financial support in the amount of 2.6 billion rubles, for example, loans were issued for 4 types of microfinance for a total of 1 billion rubles.

Today, Tatarstan has 152.8 thousand small and medium-sized businesses, which employ 533.8 thousand people (including newly created legal entities). The main share of SMEs is in the wholesale and retail trade (36.1%), 10.6% in construction industry, 10.5% in transportation and storage.

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