07 April 2014, Monday, 14:03

Bashkiria will receive 410 million rubles from the federal budget to support entrepreneurship in 2014

author: Elvira Latypova

Bashkortostan will receive about 410 million rubles from the federal budget to support small and medium-sized businesses including farms in 2014. A directive on the distribution of subsidies among the budgets of subjects of the Russian Federation within the framework of the subprogram "Development of Small and Medium Enterprises" of the state program "Economic Development and Innovation Economy" is published on the website of the Government of Russia.

Total amount of funds the federal budget allocated to regions for this purpose amounted to about 18 billion rubles.

The document was prepared by the Ministry of Economic Development. The subsidy is associated with a relative share of small and medium-sized businesses in the region in the total number of such entities registered in the country. The document's authors expect to increase the capitalization of regional programs to support entrepreneurship.