The competition commission has completed the evaluation of applications for grants in the form of a subsidy to social and young entrepreneurs under the age of 25.
The Ministry of Economy of the Republic of Tatarstan in 2022 is implementing the issuance of grants in the form of a subsidy to social and young entrepreneurs under the age of 25. The selection of applications took place until October 13th. In total, 129 business projects were submitted for consideration by the competition commission.
For the first time, Tatarstan young entrepreneurs under the age of 25 will receive a gratuitous subsidy to start their own business; for social enterprises, this practice has been applied since 2021.
According to the terms of the program, the amount of co-financing of the project is from 100 to 500 thousand rubles, it is determined by the competition commission. At the same time, in order to receive a subsidy, an entrepreneur must invest at least 25% of his own funds in the project.
You can use the funds received for expenses related to the implementation of business projects - renting or repairing premises, purchasing equipment, paying utility bills and other business goals.
Also throughout the year, the Ministry of Economy of the region conducted training on the development of social and youth entrepreneurship with the involvement of experienced mentors and specialists. The result of the training programs was the inclusion of socially oriented businesses of the republic in the list of social enterprises and the registration of more than 60 new SMEs.
For those grant recipients who are called up to serve in the Armed Forces of the Russian Federation due to partial mobilization, the terms for implementing projects have been extended and the application of penalties for changing the terms or conditions for the development of grants has been excluded.
Grant support is provided within the framework of the national project "Small and Medium Enterprises and Support for Individual Entrepreneurial Initiatives" under the supervision of First Deputy Prime Minister Andrey Belousov. This new tool complemented the Tatarstan package of measures to support small and medium-sized businesses. In total, this year the region allocated up to 4.5 billion rubles to support entrepreneurship