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MIL OSI Translation. Region: Russian Federation –

Photo: mos.ru. Evgeny Samarin

Assistance was provided to commercial companies, hotels, cultural and sport facilities and catering organizations.

The business support measures approved by Sergei Sobyanin, by the middle of June have already used 36 thousand commercial organizations. The actual amount of support amounted to almost 25 billion rubles, said the Deputy Mayor of Moscow for economic policy and property and land relations Vladimir Yefimov.

“Four support packages more than five thousand organizations have received deferred taxes on 3.3 billion rubles, a 26 thousand companies — deferment of payment of the trading fee to one billion rubles. This is a grace period for the first quarter, which can be made up to the end of the year. Canceled my payments for the lease of urban real estate of 1.3 billion 1.4 thousand entrepreneurs and more 3,5 thousand companies received delay rental payments and payments for redemption of city property 14.6 billion. All benefited 36 thousand entrepreneurs from the most affected sectors, which employ about 770 thousand people. These companies can invest in the fulfillment of obligations to its employees and to support their business,” he said.

For example, already has the support of 3.5 thousand commercial enterprises, 220 hotels and resorts associations 560 sports facilities, culture, entertainment, 250 foodservice organizations. Assistance was also offered 340 for educational and consumer organizations and 3200 subjects of small and medium enterprises, said the Minister of Moscow Government, head of Department of economic policy and development city Cyril Purtov.

Support was also granted to representatives of small and medium business of the capital. The Department of entrepreneurship and Moscow innovation development provides support for 13 types of subsidies and grants. With their help, companies can recoup the cost of exports of goods, services and results of intellectual activities, participation in exhibitions, training, Internet product promotion, implementation of innovative project and engineering. In addition, special benefits are provided for the franchisee, representatives of hotel business, social enterprises, commercial coworking residents of technology parks and the participants of the Moscow innovation cluster.

“For three and a half months was approved more than 250 applications from subjects of small and medium businesses for grants and grants totaling more than 425 million rubles. The most popular measure of support are subsidies and grants capital exporters. They will receive 90 companies. The total amount of payments will amount to more than 200 million rubles. Nearly fifteen hundred applications for a total amount of 2.7 million rubles, is now under consideration”, — said the head of the

Department of entrepreneurship and innovative development of Moscow Alexei Fursin.

He also noted that in the framework of anti-crisis support measures were launched city program of preferential crediting of business. The city subsidizes up to eight percent rates on new loans and up to six percentage points for existing. At this point, the entrepreneurs have received loans under the program totaling more than seven billion rubles. Another 15.5 billion of loans approved and will go to companies in the near future.

During a pandemic coronavirus in Moscow took four packages of measures to support the capital’s businesses. They relate to the deferral of advance payments, compensation for property tax and land payments, and assistance in lending and subsidies to small and medium businesses, regardless of type of activity.

What other measures support available to small and medium business in Moscow, can be found on the portal mbm.mos.ru. Conditions and list of required documents for obtaining grants are published on the website sashbakk.moskov.business there you can also leave the application.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure will not be perfect.

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