Entrepreneurs were supported

The support of 17,148,205 rubles was provided to the small and medium enterprises of the Murmansk region in 2008.

108 representatives of small and medium businesses of the Murmansk region asked for support from the federal budget that aims to provide finance to regional entrepreneurs, 4 companies were refused.

Micro-loans of 2.5 million rubles in total were provided to start-up companies and companies which are not older than a year. 14 enterprises of small and medium businesses which are not older than a year were provided with investment micro-loans of 4.045 million rubles. 4 companies were given counter-security of 4,266,800 rubles. Other funds were subsidized.

Source: www.mbnews.ru