Yekaterinburg to spend over 16m RUR to support businesses

4 February 2016 (09:41)

UrBC, Yekaterinburg, February 4, 2016. Deputy Mayor of Yekaterinburg Sergei Schwindt coordinated a meeting on February 2 on the issue of subsidies to non-profit organizations (other than state-run ones) that are part of the local SMEs’ support system.

According to the city council’s press service, funds will be allocated as part of the Yekaterinburg SMEs support program for 2014-2016.

Yekaterinburg Business Activity Support Center, which is entirely centered on the program’s agenda, has already applied for subsidies. The center helps companies with marketing and finding location, offers all kinds of advice and training for starting-up and active businesspeople, and aids businesses in making their innovative developments commercially sound. Any businessperson is offered this support free of charge.

16.62m RUR were allocated for the purpose from the city council’s funds last year. At least as much is expected to be spent in 2016.


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