In the 2023 concessional loans portfolio, he said, 38.5 per cent of the economy ' s loans were made to companies. This includes the IT company, manufacturing, hotel business.

“We are working with enterprises from the economy because they meet the challenges of economic growth and have the greatest multiplier effect. We therefore tagged and prioritized support measures " , noted by the head of the Ministry of Economic Development.

Each third rouble receives SMEs from priority industries and banking programmes, and the Deputy Minister, Tatiana Ilushnikov. According to the Bank of Russia, the results of 2023 indicate that 3.4 trillion rubles of the total credit portfolio provided to SMEs are from supply-side companies. This proportion is more than 27 per cent.

" We have excluded from the recipients of the enterprise ' s support that meet the criteria, but are affiliated with large businesses or do not have a proportionate scale of activity. To date, the number of companies from the economy of supply in the overall structure of SMEs and their contribution to the economy is more than 20 per cent.” Tatiana Ilushnikov said.

There is now a broad line of financial support for the SME company: concessional lending programmes, micro loans, sponsorships, grants, subsidies, etc.

Source: freepik.com
***
Entrepreneurs ' support is carried out within the framework of the " Small and Medium Enterprise " project.