Thanks to the national project "Small and Medium Enterprises and Support for Individual Entrepreneurial Initiatives", the business of the Republic of Tatarstan has received preferential financial support in the amount of more than 820 million rubles since the beginning of 2022. About 500 business entities benefited from the support.
Financial support programs are implemented by the Entrepreneurship Support Fund subordinate to the Ministry of Economy of the Republic of Tatarstan. Specialists of the Fund and the Ministry are constantly working to improve financial programs, taking into account the changing economic conditions and the wishes of the entrepreneurs themselves and expert business communities. Now the maximum rate on loans for business in Tatarstan is 5.5% per annum, while the minimum is 0.1%.
Financial support stimulates the potential of entrepreneurial activity, allows you to develop a business without attracting your own funds. The Fund's portfolio includes 6 microfinance products that cover all areas of entrepreneurial activity - social entrepreneurs, exporters, self-employed, farmers, manufacturing enterprises and others.
Preferential microfinance allows small companies, micro businesses and start-ups to receive up to 5 million rubles at a reduced rate for a period of not more than three years. The support is being implemented within the framework of the national project "Small and Medium Business and Support for Individual Entrepreneurial Initiatives".
The most demanded programs remain: "Assistance" - designed for all business entities, regardless of the profile of activity and the purpose of attracting debt financing, and "Self-Employed" - for self-employed citizens of the republic.
The conditions of a number of microfinance products imply the presence of collateral, for those entrepreneurs who do not have their own funds to secure a microloan, support is provided by the Guarantee Fund subordinate to the Ministry of Economy of the Republic of Tatarstan. The preferential product "Support - 2022" is also included in the republican package of measures and implies the zeroing of the commission in the first 6 months and an increased guarantee amount to 70 million rubles with a reduced remuneration rate from 1% to 0.5%, charged after 6 months.
Entrepreneurs and self-employed of the Republic of Tatarstan can apply for a microloan online at the republican super service "My subsidies" and the FASTTREK.RF portal.
For advice on all existing support measures, entrepreneurs of the republic can contact the My Business Center of the Tatarstan Entrepreneurship Support Fund: 8 (843) 524-90-90.