Districts of Nizhny Novgorod Region will receive 50 Million Rubles for Development of Business

12 winners of the competition will get necessary financing. 28.Oct.14 8:36 AM By Mihail Prygunov Photo open.by    446

Ministry of Development and Support of Small Business in Nizhny Novgorod has officially announced results of competition that has been arranged for municipal subjects and urban districts that will be provided with additional financing for business support and development. This information has been officially announced by the governmental media office in Nizhny Novgorod region. Every winner of this competition will get 4.166 million rubles. This sum includes 1 million rubles from the regional budget and 3.66 million rubles from the federal budget. The Head of the Department Alexey Makarov said that such financing has become possible due to action of regional businessmen and their active support. It helps to create additional working places and increase the level of the income. The finds may be spent on purchasing of necessary equipment for business development. Financing will be provided to Nizhny Novgorod, Bor, Dzershinsk, Semenov which are included in urban districts. At the same time necessary finds will also be provided to Tonshaevsky, Sosnovsky, Voskreseknsky, Sergachsky, Sharagansky, Koverninsky and Krasnobakovsky municipal districts.

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