ENTREPRENEURS IN MORDOVIA HAVE ATTRACTED OVER 2.3 BILLION RUBLES THROUGH THE USE OF UMBRELLA GUARANTEES
Small and medium-sized enterprises in Mordovia, thanks to the implementation of the Small and Medium Entrepreneurship national project, have attracted 2.33 billion rubles through the use of umbrella guarantees. Nationwide, this mechanism has helped small and medium-sized businesses attract over 890 billion rubles in funding since its launch in 2021, with more than 90,000 loans issued. Moreover, one in three businesses would not have been able to secure financing without this support.
This type of government support is most commonly used by manufacturing industries, enterprises engaged in scientific and technical activities, IT companies, hotels, and the food service sector.
For information on all the government support measures available to small and medium-sized businesses in Mordovia, you can call the hotline in Saransk at 24-77-77.