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PROVISION OF SUBSIDIES TO SMALL AND MEDIUM ENTERPRISES FOR PARTIAL REIMBURSEMENT OF EXPENSES PERTAINING PAYMENT OF INTEREST RATE ON LOANS GIVEN BY CREDIT ORGANIZATIONS
Subsidies are extended to SME subjects which concluded credit agreements with credit organizations not prior to 1 January 2012 on construction (reconstruction) manufacturing facilities and buildings to meet their own needs and (or) acquisition of equipment aimed at establishment and (or) development and (or) modernization of the manufacturing process of goods in the amount of 2/3 of all actual expenses on interest payment as of the application date, but not more than 2/3 of the current refinancing rate of the Central Bank of the Russian Federation.

The average staff at the SME subject is to be 30 or more employees.

The amount of the credit exceeds 3 million rubles, the remaining period to repay the loan and its interest is more than 1 year as of the application date.

The already paid amount of the loan is to be at least 10% of the total loan while the paid interest is to be not less than 10% of the overall interest amount as of the application date.