Tatarstan has started accepting applications from businesses for financial support under the national project

The Ministry of Economy of the Republic of Tatarstan announces the start of accepting applications from entrepreneurs and self-employed in the region for preferential financial support implemented within the framework of the national project "Small and medium-sized entrepreneurship and support for individual entrepreneurial initiative".

Currently, there are 8 financial products for business in the republic with a preferential rate from 0.1% to 5.5%. At the same time, two of them are brand new.

The first is a microfinance product "Express 2023" in the amount of up to 1 million rubles is issued for up to 24 months at a rate of up to 5.5% per annum. It is important to note that the product assumes express consideration of an application for attracting financing for a period of no more than 1 working day following the day of its receipt.

The second is the Startup product designed to support new entrepreneurial projects that have been registered and are valid for no more than 11 months. A loan in the amount of up to 500 thousand rubles is issued for up to 36 months at a reduced rate of only 2% per annum. The product will support a "young" business at the stage of formation.

For the self-employed of Tatarstan, the microfinance product "Self-Employed 2023" is available in the amount of up to 500 thousand rubles for a period of up to 36 months up to 5.5% per annum. Tatarstan citizens who have been self-employed for at least one month can receive such support.

Entrepreneurs implementing import-substituting projects, leading export-oriented activities, social entrepreneurs, residents of industrial parks and other business sectors can also apply for support. Microfinance products are designed for the maximum range of recipients and allow you to attract up to 5 million rubles for up to 36 months.

The implementation of financial programs last year allowed supporting 777 entrepreneurs in the amount of 1.5 billion rubles, including 147 self-employed. The funds received were used to develop existing businesses, open and launch new production facilities, purchase components and spare parts, as well as support export contracts.

The support is provided by the Entrepreneurship Support Fund subordinate to the Ministry of Economy of the Republic of Tatarstan. At the same time, you can apply for funding in electronic form on the MY SUBSIDIES service.  

You can learn more about support measures online on the official website of the My Business Center of Tatarstan, as well as by calling the hotline:  +7 (843) 524-90-90