Sverdlovsk Region Union of Industrialists & Employers approves of business support action plan

September 18, 2013. An action plan for supporting Sverdlovsk Region businesses was presented at the 4th International Exhibition & Forum Innoprom 2013 and also to Sverdlovsk Region Union of Industrialists & Employers and was approved of by the chairmen of the Union's key committees, Sverdlovsk Region Government's Press Service & Information Department reports.

The action plan to support Sverdlovsk Region-based companies was elaborated by the Mid-Urals Development Corporation experts and now comprises a list of subsidies, grants, and tax relief schemes as well as other measures both the government and the private development institutions are willing to take to support entrepreneurial activity.

'There are 165 active support measures in Sverdlovsk Region alone; some 40 local organizations support investment activity in one way or another and offer all kinds of preferential terms and subsidies. The action plan means all the companies involved in investment activity can get the most complete information from just one resource, which will attract more investors into the area,' says the Mid-Urals Development Corporation's Director-General Sergey Filippov.


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