Moscow Business Gets Subsidies for Promoting Goods Online

The head of the Moscow Department of Entrepreneurship and Innovative Development, Aleksei Fursin, held a meeting on business support on April 7, Moscow Mayor official website reports. 

Picture: Screenshot from RBC YouTube Channel

Subsidies of up to 10 million rubles can be received by residents of technology parks as compensation for interest on a loan to support and develop their activities. Instead of subsidies for participation in exhibitions, it was decided to compensate for the costs of promoting their own goods, works and services on the Internet.

During the crisis, entrepreneurs can receive up to 50 per cent of the costs spent, but not more than 700 thousand rubles. According to Fursin, businesses should help each other, provide discounts and support. Tools for the provision of subsidies are ready to finalize before June 1.

Ru-Main, 08.04.2020

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