SME Corporation will support six Bashkir projects for 1.1 billion rubles

UFA, 1 March 2019. /Bashinform News Agency/ translated by Tatiana Aksyutina/.

The SME Corporation will support six Bashkir investment projects worth 1.4 billion rubles for 1.1 billion rubles, the head of the organization Alexander Braverman told reporters. They are related to the diversification of industries and the creation of high-tech, import-substituting, agricultural products, and social services. The head of the SME Corporation noted that business in the single-industry towns of the republic was socially responsible. Alexander Braverman also estimated how small republican companies participated in tenders: in recent years more than 3.5 thousand enterprises supplied products to 717 large companies.

“The interaction of the region with the SME Corporation is one of the best in the country, but we are perfectionists and we will not stop there”, said the Acting Head of Bashkiria, Radiy Khabirov. “A corporation is not only a financial instrument but a much wider one — organizational, informational; it is the creation of a whole business support environment”.

Recall that over the past four years, the SME Corporation has issued guarantees to the republican entrepreneurs for 3.5 billion rubles and preferential loans for 4 billion rubles.

On February 28, a strategic session on the development of small and medium businesses was held in the Ufa Congress Hall "Toratau".