Companies from Tatarstan can become participants in the accelerator of the fashion and beauty industry

SME Corporation has announced the start of accepting applications to the accelerator for the fashion and beauty industry as part of the SME sews project to support Russian brands. Companies from the fashion industry of Tatarstan, which are engaged in clothing, footwear, accessories and beauty products, can participate in the free acceleration program for development and multiple scaling. They must have been operating on the market for more than 1 year, have first sales and an experienced team.

"The acceleration program will be held as part of the SME sews project, which was created to support the sale of products on popular offline and online platforms," said Alexander Isaevich, CEO of SME Corporation. "An expert environment will help manufacturers in product packaging, as well as setting up business processes, operational activities and sales channels."

It is planned that entrepreneurs, thanks to acceleration, will be able to test hypotheses and achieve business goals, including increasing the profitability of projects, introducing new ideas, digitizing business, and finding customers.

Graduates will have the opportunity to participate in the selection for a large department store or preferential promotion on marketplaces.

The selection of brands for placement in offline stores on preferential terms will continue after the completion of the acceleration program. It will be held every three months among the participants of the SME sews project.

Along with product sales and acceleration, the project also includes individual support for government support programs, including concessional lending, equipment leasing and assistance with loan collateral.

"SMEs: The accelerator of the fashion and beauty industry" is held thanks to the national project "Small and Medium-sized Enterprises", which was initiated by the President of Russia Vladimir Putin is supervised by First Deputy Prime Minister Andrei Belousov.

, which are engaged in clothing, footwear, accessories and beauty products, can participate in the free acceleration program for development and multiple scaling. They must have been operating on the market for more than 1 year, have first sales and an experienced team.