The volume of financial support for Tatarstan's business under the national project in the first half of the year amounted to 620 million rubles

29 June 2023, Thursday

Preferential financial support was used by 290 entrepreneurs of the republic. The national project "Small and medium-sized entrepreneurship and support of individual entrepreneurial initiative" helped the business of the Republic of Tatarstan to attract 620.6 million rubles in the first half of the year.

38 self-employed citizens of the republic took advantage of the state microfinance support, among others.

To increase the availability of financial support in Tatarstan, a new product has been launched with a rate of 4.5% per annum. It is designed for entrepreneurs operating in the field of manufacturing.

Financial programs are implemented by the Entrepreneurship Support Fund subordinate to the Ministry of Economy of the Republic of Tatarstan. Currently, there are 9 preferential microfinance products for entrepreneurs of the republic, designed for different categories and the degree of maturity of the business. Depending on the category of borrowers, the rates on microloans range from 0.1% to 5.5%.

The maximum amount of a microloan for small and medium-sized businesses is 5 million rubles. For individuals applying the professional income tax, the limit is 500 thousand rubles. The maximum term for granting microloans 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 various guarantee products in its arsenal for: farms, industrial and industrial parks, exporters, entrepreneurs in the field of online commerce and others.

Entrepreneurs and self-employed of the Republic of Tatarstan can apply for a microloan online through the service "My subsidies" 

For advice on all existing support measures, entrepreneurs of the Republic can contact the Center "My Business" of the Entrepreneurship Support Fund of the Republic of Tatarstan by phone: 8 (843) 524-90-90.

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