Micro -base «Brend» from the Microfinance Fund for Entrepreneurship of the Republic of Crimea will help promote Crimean products

The conditions of the program suggest the issuance of microloans in the amount of 150 thousand to 5 million rubles under 10% of the annual Microfinance Fund for the Entrepreneurship of the Republic of Crimea launches a new preferential program — the Brend microloan designed to stimulate the development and promotion of unique Crimean products. This was announced by Deputy Chairman of the Council of Ministers of the Republic of Crimea — Minister of Finance of the Republic of Crimea Irina Kiviko.

The conditions of the program suggest the issuance of microloans in the amount of 150 thousand to 5 million rubles to 10% per annum of the SMEs engaged in entrepreneurial activities in the production of the goods of the local brand in the republic.

The Brend microloram is aimed at supporting manufacturers, whose products correspond to the definition of the local brand. Let me remind you that this category includes goods produced in the territory of the republic and satisfying criteria such as compliance with quality and safety requirements, a registered trademark, as well as a unique packaging design that reflects the relationship with the cultural, historical or geographical features of the Republic of Crimea— Irina Kiviko reminded.

Earlier, the Deputy Prime Minister announced the need to develop the regional brand “made in Crimea”, with a voluntary certification confirming high quality products. Such a tool will make Crimean goods more recognizable in both domestic and foreign markets.

Recall that the Microfinance Fund for Entrepreneurship of the Republic of Crimea is valid as part of the national project “Effective and Competitive Economics”. To date, the organization offers 15 programs, within which entrepreneurs can receive borrowed funds in the amount of 25 thousand to 5 million rubles.

According to the press service of the Ministry of Economic Development of the Republic of Crimea