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Economy/Business
26 October 2021, 13:31

Non-profits and small businesses will receive grants

Non-profits and small businesses will receive grants; 38.5 billion rubles will be allocated for these purposes. Money will start to flow from November 15.

The government plans to pay a one-time grant of one minimum wage for each employee employed in social non-profit organizations that have been affected by the pandemic.

The Social Information Agency reported this. According to the news outlet, the draft of the first decree has already been prepared.

It is planned that the measure will partially cover the shortfall in revenue and support about 3 million people.

Grant applications can be submitted remotely within one and a half months, starting November 1.

The Federal Tax Service will accept and process them, and funds will begin to be channeled since November 15.

Author: Rozalia Valeeva

Author:Tatyana Aksyutina