1.6 billion rubles will be allocated to the development of infrastructure to support small business

27th March 2015

The money will be used for co-financing capital investments in state property intended for small business development

1.6 billion rubles will be allocated to the regional budgets for the development of infrastructure to support small business. The money will be used for co-financing capital investments in state property intended for small business development. The biggest subsidies will be provided to Moscow region - 276.3 million rubles, Republic of Tatarstan - 185.7 million rubles, Republic of Dagestan - 115.9 million.

The text of the Government Decree is available on the website of the Government of the Russian Federation.

According to the explanatory documents, the Decree is prepared as part of the government program “Economic development and innovation economy”. The allocated funds will be used for creating and developing infrastructure to support small business, in particular through construction, reconstruction, material and technical equipment of buildings (business incubators).

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