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Smolensk entrepreneurs will receive state support from the federal budget
 

04.04.2014 Smolensk entrepreneurs will receive state support from the federal budget

According to the state program “Economic development and innovative economy” small and medium enterprises as well as infrastructure organizations will receive 120 mln rubles of state financial support.

The Order of the Government issued on March 31st, 2014 regulates the volume of financial support for the development of small, medium enterprises and infrastructure organizations, including construction, reconstruction and technical facilities of business incubators. All Russian regions will receive over 1.4 bln rubles.

On March, 27th the Government approved the document stating the co-financing of the capital construction of state and municipal property for 2014-2016. The Smolensk Region will receive 55.5 mln rubles which will be spent on the reconstruction of water pipelines in Vyazma.