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12 December, Tuesday

Ufa   °

Bashkiria received 94 million rubles for small businesses development in single-industry towns

Economy/Business

UFA, 18 May 2016. /Bashinform News Agency, Olga Murtazina/.

Bashkortostan received 94 million rubles for the development of small businesses in single-industry towns. According to the State Committee RB for Entrepreneurship and Tourism, the funds were allocated by the federal budget on the basis of Russian Economic Development Ministry competition for the support of small and medium-sized businesses. The Bashkir department managed to receive 164.1 million rubles in the main competition.

Furthermore, it was possible to obtain additional funds. 257 million rubles remained in the competitive fund, as some regions failed to submit the appropriate applications. It was decided to direct these funds to single-industry towns.

94 million rubles will be spent on the development of entrepreneurship in Beloretsk, Belebey, Blagoveshchensk, Kumertau, Neftekamsk.

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