From January 1, two new targeted business support programs “CREATIVE” and “OWN business” will be launched in Crimea

This initiative is one of the timely and necessary measures aimed at providing entrepreneurs with accessible financial resources to start and develop their business.

Microloan «CREATIVE» is intended for small and medium-sized businesses officially included in the register of creative industries of the Republic of Crimea. Amount from 150 thousand to 5 million rubles for a period of 6 to 36 months upon provision of an extract from the register of subjects of creative industries of the Republic of Crimea, interest rate from 6 to 12% per annum.

The “OWN Business” microloan is aimed at supporting individual entrepreneurs or legal entities — participants in a special military operation or members of their families (spouse, children). Loan amount from 150 thousand to 3 million rubles for a period of 6 to 36 months, interest rate from 1 to 12% per annum.

The launch of these programs is a logical and important step in the development of comprehensive support for entrepreneurship in Crimea. “CREATIVE” directly meets the development goals of the promising economic cluster of the same name, providing its participants with financial instruments for growth. The “OWN Business” program is aimed at socio-economic support for defenders of the Fatherland and their families, helping them create and strengthen their own business. The assigned tasks will be completed, and this area of ​​financial support in the republic will be consistently developed,” noted Irina Kiviko.

source: according to the press service of the Ministry of Economic Development of the Republic of Crimea