Businessmen of Bashkiria will be able to receive grants up to 1 million roubles

Within the limits of the Republican program of small and medium business development for 2012 the State Committee of Bashkortostan on Business and Tourism grants financial support in the form of subsidising of a part of an interest rate under credit facility agreements.

Businessmen have the right to receive grants under credit facility agreements which were given for acquisition of equipment, devices, vehicles (except cars), devices, instruments, units, installations, machinery and (or) for construction for their own needs of industrial buildings, structures, constructions used for realisation of priority types of economic activities, the State Committee RB informs.

The maximum size of the grant for one small or medium business entity is 1 million roubles.