1,2 bln rubles allocated to support Tatarstan small and medium-size business in 2013

On July 2 at a briefing on support of Tatarstan small and medium-size business, Minister of Economy Midkhat Shagiakhmetov said that 1,2 bln rubles were allocated to support Tatarstan small and medium-size business in 2013.

“The share of small and medium-size business in Tatarstan GRP makes 25 per cent. We are worried about fall in number of self-employed entrepreneurs in the republic. Therefore, we organise meetings with businessmen to discuss our ideas and problems they face, and decide on new ways of interaction between entrepreneurship and government,” Midkhat Shagiakhmetov continued.

Thus, certain problems have been pointed out, in particular, shortage of financial resources and tariffs raising. About 6 per cent of Tatarstan entrepreneurs tell about lack of qualified staff.

Midkhat Shagiakhmetov also added that 1 bln 171 mln rubles of federal funds will be allocated to support small and medium-size business this year. These funds will be channeled for development of leasing equipment, adoption of innovations in small businesses, establishment and development of the Business Support Centre, development of business incubation, maintenance of current activity of business incubators, and creation of the Regional Engineering Centre. Certain amount of funds will be provided for medical sphere and support of youth business.