Government support for the Leasing Grant program will create more than 340 new jobs

23 January 2019, Wednesday

At the end of 2018, a regular program of support for small and medium-sized businesses was held: "Development of equipment leasing: subsidizing the costs of small and medium-sized businesses to pay the first installment (advance payment) under an equipment leasing agreement (LEASING-GRANT)."

This program allows, on favorable terms, to update and modernize fixed assets of small and medium-sized businesses through the leasing mechanism.

The program was implemented by a subordinate organization of the Ministry of Economy of the Republic of Tatarstan, the State Public Institution “Center for Implementation of Support and Development Programs for Small and Medium-Sized Enterprises of the Republic of Tatarstan”.

For the period from October 10 to November 13, 2018, 598 applications were received from entrepreneurs, 216 of which were admitted to the Selection Board.

According to the results of the competitive selection, 85 entrepreneurs received state support totaling 150 million rubles. This year it is planned to create more than 340 new jobs.

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