10 September 2012, Monday, 15:28

The II Republican contest “Youth Project-2012” started in Bashkiria

author: Lubov Kolokolova

Young business people of Bashkortostan can receive a grant for the best youth business project or business idea. The Ministry of youth policy and sport RB announces the beginning of the Republican contest of youth business projects and ideas “Youth Project-2012”, aimed at disclosure of the most talented young business people and at their financial backing.

Young individual businessmen and businesswomen at the age of less than 30, representatives of small business and youth teams, working in business sphere, may take part in the contest.

The main requirements for the offered business projects are: maximal repayment term can’t exceed 18 months and 24 months in case of leasing. Business plans should contain the data concerning own or borrowed means at the rate of 30% of the total project cost.

Next directions of youth business will be the most preferable: agriculture, hunting and forestry, processing productions, scientific researches, education, construction, fishing and fish farming, transport and communication, social and other services, hotel and restaurant business, repair of vehicles, retail souvenir trade, arts and crafts etc.

Winners will be rewarded with grants in two nominations: “The best youth business project” and”The best youth business idea”.

Applications for participation are accepted till October 3 to the address: Ufa, Lenin Street, 10, office 271 (the Ministry of youth policy and sport RB). Contact phone: (347) 251-57-23.