Aspiring Crimean entrepreneurs received over 100 million rubles in microloans to develop startups

Since the beginning of the year, Crimean businessmen have received over 100 million rubles in microloans from the Fund for Microfinancing of Entrepreneurship of the Republic of Crimea for the development of startups. This was reported by the Minister of Economic Development of the Republic of Crimea Dmitry Sheryako.

A good example is a budding entrepreneur from Alushta, who runs a dental practice. Using borrowed funds, he purchased dental equipment, as well as therapeutic instruments designed to correct bite, prosthetics and dental treatment. Thus, the range and quality of services provided by the clinic was significantly increased.— the press service quotes Dmitry Sheryako.

Let us recall that the Fund for Microfinancing Entrepreneurship of the Republic of Crimea operates within the framework of the national project «Small and Medium Entrepreneurship». Today, the organization provides up to 5 million rubles for the development of startup projects. Microloan funds can be spent both on the acquisition and modernization of fixed assets of the business, and on replenishment of working capital.