Vologda region will increase the assistance for SMEs with more than 100 million rubles

Vologda region will increase the assistance for SMEs with more than 100 million rubles


The government of the Vologda region intends to increase in 2016 to support the small and medium business with 1.1 billion to 1.26 billion rubles, said the representative of the press service of the government of the Vologda region.

VOLOGDA, 12 Nov. The government of the Vologda region intends to increase in 2016 to support the small and medium business with 1.1 billion to 1.26 billion rubles, said the representative of the press service of the government of the Vologda region.

He noted that this year from the Federal and regional budgets, and programme grant support for microfinance and small and medium business of the region received almost 1.1 billion rubles of financial aid. In 2016, the amount of support will increase to 1 billion 263 million rubles — these figures are included in budget the state program “Support and development of small and medium-sized businesses in the Vologda region”.

“We do not plan to curtail support for SMEs, but also going to increase. Such a serious financial aid allows us to increase the number of entrepreneurs in the region to create new jobs. Now in the small and medium business employs the 188.9 thousand people. This is 32.8% of all employed in the business in the region. One of the goals we set for the gradual transformation of small business in average”, — said the head of the Department of economic development of the Vologda oblast Kirill Toropov.