186.8 million rubles were allocated to support business in Bashkiria

Tatyana Aksyutina

186.8 million rubles were allocated to support small businesses in the republic in 2023, Prime Minister of the Government of the Republic, Andrey Nazarov, reported on his social media.

Let us remind you that through subsidies, businesses will be able to reimburse part of the costs associated with the implementation of entrepreneurial projects, including rental fees, repairs of non-residential premises, acquisition of fixed assets and equipment, connection to utility infrastructure facilities, and payment of utilities. Support is provided within the framework of the state program “Development and support of small and medium-sized businesses in the Republic of Bashkortostan.”

“Such assistance to small businesses stimulates economic activity, helps increase the number of jobs, which in turn helps strengthen the financial stability of municipalities and the overall development of districts and cities,” comments the Prime Minister.

According to the Ministry of Entrepreneurship of the Republic, in 2022, 459 small and medium-sized businesses and 27 self-employed received municipal subsidies. A comparable number of recipients is expected this year.

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