News
TECHNOLOGICAL COMPANIES IN MORDOVIA HAVE RECEIVED OVER HALF A BILLION RUBLES IN FINANCIAL SUPPORT
Small technological companies in the country can receive up to 1 billion rubles through the preferential lending program of the federal project “Takeoff – from startup to IPO”. Launched two years ago, it is part of the national project “Small and Medium-Sized Entrepreneurship”, initiated by the President of the Russian Federation and supervised by the First Deputy Prime Minister Andrey Belousov. As of now, there are currently two such companies in Mordovia. The total amount of financial support from the government amounted to 512 million rubles.
Favorable loans, grants, as well as numerous non-financial support measures create favorable conditions for the growth of the number of SMEs in the republic. Thanks to the implementation of the national project “Small and Medium-Sized Entrepreneurship and Support for Individual Entrepreneurial Initiative”, initiated by the President of the Russian Federation and supervised by the First Deputy Prime Minister Andrey Belousov, the number of SMEs by mid-March 2024 reached 24,113. Thus, compared to the same period last year, the growth exceeded 12%.
MORDOVIA DEVELOPMENT CORPORATION PARTICIPATED IN A STRATEGIC SESSION FOR CATERING ESTABLISHMENTS
On March 21, employees of the Mordovia Development Corporation attended an event held as part of the strategic session “Strategy for a successful restaurant” by Novikov Group. The speaker of the final training program “Consistent Service Quality is a Component of a Successful Restaurant” was Victoria Filippova, the Head of the training department. The day before, seminars for the audience were conducted by the Director of Development, Olga Strakhova, and the Brand Chef, Alexander Nazarov.
The industrial mortgage is an effective tool to support manufacturing development. This program was launched in 2022 at the initiative of the head of state and allows obtaining a seven-year loan of up to 500 million rubles for the acquisition, construction, modernization, or reconstruction of factory workshops. For enterprises, the preferential interest rate is 5% per annum, while for technological companies it is 3%.
VEB.RF AND SBERBANK HAVE LAUNCHED AN INTERACTIVE ESG INDEX FOR CITIES AND REGIONS OF RUSSIA
VEB.RF and Sberbank have prepared an interactive ESG index for cities and regions to help them address their strategic development tasks through the lens of environmental, social and governance responsibility. This initiative aims to create a new convenient platform for sharing experiences in the successful implementation of sustainable development projects. This information comes from the VEB.RF press service.
On March 20th and 21st, Mordovia Development Corporation, together with the Ministry of Economy, Trade and Entrepreneurship of the Republic of Mordovia, is organizing a strategic session for managers, staff and potential investors of catering establishments. Over 120 specialists are among the participants. The event “Strategy for a Successful Restaurant” is organized by the Novikov Group and includes a series of interesting educational programs. It covers topics such as effective operational management, delivery, and marketing. Special attention is also given to the proper composition of menus and improving the quality of ingredients. Alongside this, one of the important aspects of a successful restaurant, maintaining consistent service quality, is addressed.
Scientists from Mordovian State University named after N.P. Ogarev have developed a technology for producing flaxseed oilseeds, the processing products of which are an important component in creating gluten-free bakery products. The new development will help create a whole range of import-substituting products and meet the needs of people with celiac disease (gluten intolerance).
A COMPANY FROM MORDOVIA IS COMPETING FOR THE TITLE OF PEOPLE'S ORGANIC BRAND
The Mordovian company “Arivera” is competing for the title of People's Organic Brand. This is a traditional nomination of the National Organic Competition, which is held under the auspices of the Federation Council together with the Ministry of Agriculture of the Russian Federation and Roskachestvo, with the support of the “Organika” Fund.
The Ministry of Economy of Mordovia has compiled a rating of the socio-economic development of municipal entities based on statistical data for the year 2023. The rating results are utilized for the prompt assessment of the effectiveness of local government bodies' activities.
SARANSK AIRPORT WILL OPEN A PERMANENT BORDER CROSSING POINT WITHIN THE RUSSIAN FEDERATION
A permanent border crossing point through the state border of the Russian Federation will be opened at the international airport of Saransk. The corresponding order was signed by the Minister of Transport of Russia, Vitaly Savelyev. The Head of Mordovia, Artyom Zdunov, thanked him for his support and noted that the route of the first international flight will be announced shortly.
IN MORDOVIA, THE NATIONAL PROJECT HELPS ELEVATE ANCIENT PROFESSIONS TO A QUALITATIVELY NEW LEVEL
The cooper from the Bolshebereznikovsky district, Oleg Burov, is widely known not only in our republic but also far beyond its borders. With his own hands, he creates beautiful utensils and household items from what may seem like lifeless pieces of wood, which are purchased by residents and guests of Mordovia. Oak barrels for pickling and beverages, plates, trays, cutting boards, salad bowls – this is far from a complete list of products made by his hands.
SMALL TECHNOLOGY COMPANIES WILL BE ABLE TO OBTAIN LOANS OF UP TO ONE BILLION RUBLES
The subsidized lending program for high-tech, innovative small and medium-sized businesses at 3% per annum under the federal project “Takeoff – from startup to IPO” is extended to small technology companies. Moreover, the maximum loan amount has been increased to 1 billion rubles. As reported by the official website of the Ministry of Economic Development of Russia, this is the first implemented measure of financial support for this category of business. For high-tech small and medium-sized enterprises, the amount remains the same - up to 500 million rubles.