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MIL OSI Translation. Region: Russian Federation –

Photo by M. Denisov.

The main part of the funds was approved by the enterprises operating under the franchise.

The entrepreneurs of the capital were additionally approved more than 220 million rubles in the form of subsidies and grants. At the last expert commissions, a positive decision was made on almost 280 applications.

“Compensations for export contracts, franchises and delivery are the most popular among Moscow entrepreneurs. At the last commissions, 278 applications for a total amount of 222.2 million rubles were approved for business, “said the head of the city

Department of Entrepreneurship and Innovative Development Alexey Fursin.

The main part of the funds was approved by 72 enterprises operating under the franchise, they will receive 64.9 million rubles. The companies were reimbursed for part of the cost of utilities, interest on loans, equipment purchases or remuneration to the franchise owner.

Subsidies in the amount of 23.5 million rubles will be received by 22 residents of technoparks and a participant in the Moscow Innovation Cluster. They are compensated for the cost of purchasing equipment and paying interest on loans.

For the creation of a new product, subsidies will be allocated to nine companies in the amount of 55.5 million rubles. Another 40 companies have approved compensation for employee training costs. Enterprises will receive 9.3 million rubles.

38.7 million rubles were approved by 81 companies that promote their products through food delivery services. Another 16 enterprises will receive 8.5 million rubles to compensate for the commission of marketplaces. 15 companies operating in the priority industry will receive subsidies in the amount of 8.7 million rubles. Also, compensation in the amount of 5.5 million rubles will be sent to five entrepreneurs for the development of the hotel business. Financial assistance in the amount of 2.4 million rubles was approved for five social enterprises.

Seven more enterprises will receive funds in the amount of three million rubles. This compensates for their costs of promotion on Internet advertising sites. Six companies will be reimbursed for expenses for participation in exhibitions in the amount of 2.2 million rubles.

Since the beginning of the year, 778 applications for a total amount of 781.7 million rubles have been approved by Moscow entrepreneurs. Expert commissions continue to consider applications from businesses for financial support. You can get information, as well as apply, on the website “Moscow for Business”.

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

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