Friday, July 15, 2011

Small business in Russia in 2010 will receive about 100 billion rubles in state aid

Already in early 2010, a small business in Russia will receive 100 billion rubles in the form of loans. This was stated by Prime Minister Vladimir Putin. From the words of the Prime Minister was clear that money to develop and support small businesses will be issued through the partnership of the state corporation EBV financial institutions. Putin also said that due to the Guarantee Fund, established to support and develop small business in Russia, SMBs can get another 80 billion rubles. Such actions by the Russian state due to the fact that small business of the country after the financial crisis must not only exist but thrive. In 2009, to support small businesses in Russia have been allocated about 50 billion rubles, it has brought positive results. This year, the amount of state aid in the development and support of small business in the country doubled. During the period from 2009 to 2012 on the development of small and medium businesses in Russia will have about 924 billion rubles.

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