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Trans-Baikal Industrial Development Fund has supported enterprises for 37 million rubles - EastRussia | Far East

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Trans-Baikal Industrial Development Fund provided support to enterprises for 37 million rubles

Trans-Baikal Industrial Development Fund provided support to enterprises for 37 million rubles
Photo: pixabay.com

Since the beginning of the 2019, the Regional Industrial Development Fund has provided assistance to 14 to Trans-Baikal production enterprises, providing them with 37 million rubles. Recently, he also became one of the winners of the competitive selection of events to subsidize the infrastructure for supporting small and medium-sized businesses in the region. Evaluation of the activity of the contest participants was carried out by the Ministry of Economic Development of Transbaikalia.

“Additional opportunities always open up new prospects for development, especially when it comes to our work, in the framework of which we support regional enterprises,” said Elena Mirsanova, director general of the FRP, adding that the fund will continue to provide preferential loans to enterprises of the region to purchase equipment and replenishment of working capital.

Now Trans-Baikal producers can receive a microloan in the Industrial Development Fund in the amount of up to 5 million rubles for three years at 7,25% per annum. An important advantage for entrepreneurs is that in addition to the announced interest rate, the loan does not include any additional payments, fees or commissions. At the moment, the Fund has benefited from the production of reinforced concrete, metal and dental products, as well as plastic windows, and representatives of the agro-industrial complex, forestry and food industries.