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MIL OSI Translation. Region: Russian Federation –

April 2, 2021, 12:45

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Now you can reimburse the costs of participating in international competitions and online advertising.

Moscow continues to accept applications from entrepreneurs of the capital for subsidies.

Last year, in particular, it was possible to compensate for the costs of participating in more than a thousand exhibitions in Russia and abroad, as well as part of the cost of the commission when working with marketplaces and food delivery services. In 2021, as noted Natalia Sergunina, Deputy Mayor of Moscow, has expanded support under these subsidies.

Now businessmen can also reimburse the expenses for participation in international competitions and festivals, as well as for the promotion of products, works and services on the Internet (contextual and targeted advertising). The number of exhibitions, festivals, international competitions and advertising and information platforms, the costs of participation in which are subject to reimbursement, will grow.

It is necessary to complete an application and submit documents before April 30. Companies can claim several types of compensation at once. The maximum total amount of payments is 700 thousand rubles, but not more than 50 percent of the costs.

“In 2020, the city has significantly increased support for entrepreneurs. New subsidies were introduced, including for those who work in the online segment, participate in Russian and international exhibitions. Having received feedback from the business community, this year we have further expanded the list of reimbursable costs, ”said Natalya Sergunina.

Another innovation is the ability to submit applications electronically. In addition, entrepreneurs can amend the package of documents within 10 days if an inaccuracy is found in it. Previously, companies had to submit information again.

Full conditions for obtaining subsidies and grants are published at website, Here you can submit a preliminary application for a subsidy.

The procedure for obtaining subsidies for business has been simplified in Moscow

At the end of 2020, more than three thousand applications for subsidies and grants were approved for a total amount of more than three billion rubles. Subsidies for franchisees, for participation in exhibitions, promotion of products using food delivery services, as well as for export became the most demanded for the capital’s business.

In 2020, five packages of anti-crisis measures to support the capital’s business were adopted for a total of about 90 billion rubles. Among them, the cancellation of payments for the lease of urban land plots and non-residential premises for the period of suspension of activities, a postponement until the end of 2020 of advance payments on property and land taxes, compensation for property tax and land payments, as well as assistance in lending, subsidies and grants to small businesses. These measures cover 13 branches of the economy and more than 50 thousand organizations.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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