Small Business of the Magadan region received 30 million rubles from the federal budget.

To support the Magadan small business from the federal budget has been allocated 30 million rubles. This decision was made in the Economic Development of Russia at a meeting of the selection committee for selection of applications on the subjects of the Russian Federation, with a budget provided by government grants to support small businesses in 2009. The news was announced in the Magadan region 07.04.09g., A news service. From the words of Tatiana Matsjuk, deputy head of the economy of the regional administration: "10 million rubles of this amount intended to compensate costs of small businesses to pay interest on loans obtained in the Russian credit institutions. Grants to budding entrepreneurs to create their own business is allocated 7.5 million rubles. 12,5 million rubles will amount to a guarantee fund for loans to small businesses that lack their own means to provide leverage. " In addition to funds allocated from the budget of the federation for the development of small business in Magadan will increase the number of funds to implement the regional program "Development of small business in the Magadan region in 2008-2010."