In the Tambov region, over the two years of the Agrostartup project, the amount of support for small businesses has exceeded 131 million rubles and this year the amount will be almost 69 million rubles, RIA Novosti reports, citing the words of the Head of the Tambov regional administration Alexander Nikitin.
The Agrostartup project is being implemented as part of the national project ‘Small and Medium-Sized Enterprises and Support for Individual Entrepreneurial Initiatives’. Within the framework of the project, farmers are actively introducing advanced technologies, expanding the area of farmland, increasing production volumes, and producing products that are in great demand.
“Over the past nine years, more than one billion rubles of federal and regional funds have been allocated for the development of farms. 367 agricultural producers have received support,” Nikitin said.
According to Nikitin, grants for individual entrepreneurs and agricultural consumer cooperatives have become one of the most effective mechanisms for supporting small and medium-sized businesses in the field of agriculture.