History of the Company

Types of financial support provided by the State Fund for Support of Entrepreneurship Activities:

The fund supports the projects of small business entities:
– compensation and guarantee are given only for loans (leases) of commercial banks in national currency.

📌 Regarding compensation assistance:
– compensation will be provided for up to 3 years to cover the part of commercial banks’ loans (leasing) in national currency, 5 billion sums and the interest rate not exceeding 1.5 times the Central Bank’s main rate, which exceeds the main rate, but does not exceed 30% of it;
– these 3 years are provided on the basis of the “2+1” principle, that is, the loan (leasing) is provided for 2 years first, and it is extended for an additional 1 year if the indicators specified in the project business plan are fully fulfilled.

📌 Regarding guarantee assistance:
– up to 50% of allocated loans, but the total value does not exceed 2.5 billion sums;
– to support the development of small business and family entrepreneurship based on cooperation in areas with excess labor resources, up to 75 percent of loans allocated to household development projects will be provided to leading small business entities attached to neighborhoods, but the total value will not exceed 2.5 billion sums.

📌 Financial assistance is applied to one project only. The entrepreneur has the right to repeatedly apply to the Fund for financial assistance when the compensation and/or guarantee contract fully repays the loan debt.