/IRBIS, October 21, 2010/ - JSC "Entrepreneurship Development Fund" Damu "launches its" Damu-regions II ", reports the press-service of Fund

As stated in the Program Fund "Lady" from its own funds allocated KZT11 billion on the support of regional priority projects of small and medium-sized businesses. At the same time, funding for the program Damu - Regions II "is as follows - KZT500 million per region. In 3 regions: the cities of Astana and Almaty and Karaganda, the Fund has been increased funding of KZT500 million to KZT1.5 billion.

It is noted that the focus of the fund gradually shifts to the regional and sectoral programs and one of them, "Lady-regions II", which is a logical continuation of funding for projects of regional business at the expense of local executive authorities and the Fund Damu - Damu - Region I .

"Unlike the previous program, Damu - Regions II" allows local executive bodies to decide the projects to funding of priority to a particular region, as previously partner banks to choose projects for funding without consulting akimats. The program started in September this year and is currently the regional coordinating councils approved projects worth more than KZT1 billion, "- it's stated in the message.

Projects that will participate in the program must pass the approval of Regional Coordinating Council (RCC). That is, the procedures are the same as in the "road map business 2020." This means that the entrepreneur who will receive funding under this. So, you can also participate in the "road map". In this case, he can get sponsorship and rate may be unusually low - up to 3% per annum. That is our 11% plus subsidies, "- said Mr. Bulat Mukushev, Chairman of the Board of Directors, whose words are reported.

[2010-10-21]