Entrepreneurs of Tatarstan received over 1 billion rubles of financial support thanks to the SME national project

The national project "Small and Medium Enterprises and Support for Individual Entrepreneurial Initiatives" helped the business of the Republic of Tatarstan to receive preferential financial support in the amount of more than 1 billion rubles this year.

About 600 business entities have already used state microfinance support in 2022, including 137 self-employed citizens of the republic.

“Financial support stimulates the potential of entrepreneurial activity, allows you to develop a business without attracting your own funds. The effectiveness of these measures is confirmed by figures. We analyze the economic activity of enterprises that have received state financial support, and we record an increase in indicators for such companies in terms of the number of employees, average monthly wages and output, according to the results of the first half of the year,” said Deputy Prime Minister - Minister of Economy of the Republic of Tatarstan Midkhat Shagiakhmetov.

Recall that financial programs are implemented by the Entrepreneurship Support Fund subordinate to the Ministry of Economy of the Republic of Tatarstan. Currently, there are 6 preferential microfinance products for entrepreneurs of the republic. Depending on the category of borrowers, microloans are available to entrepreneurs at a rate of 0.1% to 5.5%.

The maximum amount of a microloan for small and medium-sized businesses is 5 million rubles. For individuals who apply the tax on professional income, the limit is 500 thousand rubles. The maximum loan term is three years.

In addition, in the absence or shortage of their own collateral, representatives of small and medium-sized businesses of Tatarstan can apply to the Guarantee Fund of the Republic of Tatarstan, which has 10 guarantee products for various business categories: for peasant farms, industrial and industrial parks, exporters, entrepreneurs in the field of online trade and others.

Entrepreneurs and self-employed of the Republic of Tatarstan can apply for a microloan online on the republican information system "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.