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Small and Medium Businesses in Mordovia Attract 625 Million Rubles for Science and Production

In 2024, entrepreneurs in Mordovia working in science and production received significant government support. The total amount of funding raised reached 625 million rubles.

568 million rubles were attracted by 52 small and medium-sized enterprises (SMEs) in the manufacturing sector. An additional 57 million rubles were allocated to 17 companies engaged in scientific research and innovation.

Nationwide, SMEs received over 334 billion rubles in government support in 2024. More than 14,600 small and medium-sized businesses in manufacturing and scientific-technical activities secured financial assistance through the National Guarantee System, marking a 1.5-fold increase compared to the previous year.