An enterprise from Tatarstan received 50 million rubles as part of the national SME project for the development of agriculture

Within the framework of the national project "Small and medium–sized enterprises", an agricultural producer from the Rybno – Slobodsky district of the Republic of Tatarstan, LLC Kama - Agro, received state guarantee support.

The guarantee in the amount of 25 million rubles was provided by the Guarantee Fund of the Republic of Tatarstan due to comprehensive business support provided by the national project "Small and Medium-sized Enterprises". 

The state guarantee allowed the agricultural producer to attract debt financing in the amount of 50 million rubles on preferential terms. The company will use the funds received for the development of the farm - the purchase of breeding heifers, tractors and other equipment.

Since 2016, the company has been engaged in the production of milk and meat, as well as the cultivation of cereals and forage crops. The number of cattle is 1,500, the sown area is 7,000 hectares.

Government support will help to implement the company's plans to expand production and increase the range of products. 

Let us recall that the regional Guarantee fund is subordinate to the Ministry of Economy of the Republic of Tatarstan and provides guarantees for businesses when applying for debt financing (loan, bond issue, leasing, bank guarantee). The key condition that an enterprise must have in order to receive support is a stable financial position.

Tatarstan entrepreneurs can apply, check their business for compliance with the conditions for obtaining warranty support and learn more about preferential programs on the website or by contacting the Fund personally. 

Support for entrepreneurs in the republic is being implemented by the Ministry of Economy of Tatarstan and subordinate business development institutions within the framework of the national project "Small and Medium-sized Entrepreneurship", which was initiated by the President of Russia.