MORDOVIA BUSINESS WILL RECEIVE ALMOST 28 MILLION RUBLES
The amount allocated to support businesses in Mordovia in 2024 has been announced. Under the national project “Small and Medium-Sized Enterprises and Support for Individual Entrepreneurial Initiative”, initiated by Russian President Vladimir Putin and overseen by First Deputy Prime Minister Andrey Belousov, the region will receive 27.6 million rubles in subsidies from the federal budget.
The funds will be directed towards the implementation of support programs for regional guarantee and state microfinance organizations, self-employed individuals, as well as for aspiring and existing entrepreneurs.
The federal portion will be allocated for the implementation of a comprehensive support package available to all regions, including banking programs, preferential leasing, umbrella guarantees, and other measures.