An entrepreneur from Tatarstan was able to expand production thanks to government support

Thanks to the guarantee of the Guarantee Fund of the Republic of Tatarstan, subordinate to the Ministry of Economy of the Republic of Tatarstan, in the amount of 3 million rubles, the entrepreneur was able to attract borrowed funds in the amount of 6 million rubles and bring his production to a new level.

Having started in 2014 with a small workshop and only two employees, today the company demonstrates steady growth: monthly production of more than 20,000 jewelry items; the production area has been increased to 350 square meters; the company's staff has grown to 30 people.

"Entrepreneurs not only provide for themselves, but also create new jobs, so it is important to support them," said Rustam Minnikhanov, Head of the Republic of Tatarstan. This project is a clear confirmation of how government support measures help businesses develop, create products and employ residents of the region.

The Guarantee Fund of the Republic of Tatarstan, under the jurisdiction of the Ministry of Economy of the Republic of Tatarstan, helps entrepreneurs with a stable financial situation, but experiencing a shortage of collateral. The Fund provides guarantees for obtaining loans, leasing and bank guarantees.

You can find out more details, check compliance with the requirements and submit an application: On the website of the Guarantee Fund of the Republic of Tatarstan; By phone: +7 (843) 293-16-94, +7 (903) 061-40-18; At the address: Kazan, Moskovskaya str., 55.

Entrepreneurs are also supported by the regional Center "My Business" (subordinate to the Ministry of Economy of the Republic of Tatarstan), as part of the national project "Efficient and Competitive Economy".