Putin promises to increase support for small and medium-sized businesses

According to the Prime Minister's intention to increase state aid in times for small and medium businesses in the area of ??existing programs. To date, at the federal level, there are two major federal programs for the business. One program is financed by the regions and aims at the base of municipal and regional venture capital funds, technology parks, business incubators, and the base of the Guarantee Fund. Just this fund will help small and medium businesses to acquire loans, while the entrepreneurs still do not have the security and collateral. In the current year was allocated 3.8 billion rubles, while the number of applications required by 6 billion rubles. For next year is planned to allocate four billion rubles. Another program, which is funded by small businesses up to 64 banks, is financing the state this year, 9 billion rubles. This program implements a Russian bank.