New federal support measures for small and medium-sized businesses (SMEs) in the capital will be provided to about 110 thousand enterprises and will give jobs to almost 284 thousand people. This was announced on Monday, November 8, by the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations Vladimir Yefimov.
“Among the potential recipients of support, the most noticeable share is catering, road freight, dental clinics, hairdressers and beauty salons, organizations operating in the field of sports, entertainment, culture, art,” the website of the mayor of Moscow quotes Efimov as saying.
The enterprises that meet the conditions for the provision of federal support measures employ 3.5% of the total number of workers in the capital, the deputy mayor of the city added.
In addition, as part of the new federal support measures, companies from the most affected sectors of the economy can receive soft loans under the FOT 3.0 program. The loan is issued for 18 months at a rate of 3%, provided that the number of employees remains at the level of at least 90%. The loan amount will be up to 300 million rubles and is calculated according to the formula “one minimum wage for each employee for 12 months”.
During the first six months, the business will be exempted from paying the loan and interest on it, and in the next 12 months it will be able to repay the loan and interest in equal shares, the report said. For SMEs in the affected industries, a gratuitous grant is provided in the amount of one minimum wage for each employee of the company. Applications are accepted from November 1 to December 15, 2021, and payments will start from November 15.
According to the head of the Department of Economic Policy and Development of the city, Kirill Purtov, the program of concessional lending “FOT 3.0” applies to large businesses in the field of art, culture, sports and public catering. These include 162 organizations employing more than 174 thousand people.
“Thus, if these large companies join the concessional lending program, the total number of employees in organizations receiving federal support may reach 458 thousand people, which is 5.7 percent of the total number of jobs in Moscow,” concluded Purtov.
On October 28, an educational project on working with marketplaces was launched on the metropolitan portal for small businesses mbm.mos.ru.
Deputy Mayor of Moscow Natalya Sergunina clarified that as part of this course, entrepreneurs will be told about support measures from the city when working with trading platforms, including the possibility of compensating for part of the cost of online promotion, which is especially important in a pandemic.