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Small Businesses Financial Support
30.12.2014 11:59
Small Businesses Financial Support

The volumes of financial support to small businesses will not be reduced in Moscow in 2015.

      According to the correspondent of, this was reported by the Head of the Department of Science, Industrial Policy and Entrepreneurship of the capital Oleg Bocharov, speaking at a round table conference on the topic “The money for small businesses”. “Within the frame of the budget adopted by the Moscow City Duma the volume of financial support provided in 2014 was not reduced by a single penny. The same volume of support will be provided to entrepreneurs in 2015” – Bocharov stated. However, according to his words, it is planned to make amendments to the scheme of providing grants to entrepreneurs in 2015. In particular, it is planned to attract banks to the expertise of risks of businesses in need of financial support. “The department should be engaged in politics, not in support of individual subjects. A professional community should appear that would take on the risks and expert evaluation. The expertise of business risks should be conducted by a bank, not by a department or a department committee” - he said.


Author: Anna Dorozhkina

Tags: Small Business     

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