Region • 28 February, 2020

Rural entrepreneurship support is a priority

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In the Atyrau region, thanks to the implementation of state programs, significant results have been achieved in the development of small and medium-sized businesses, primeminister.kz reports. 

For example, according to the akimat, as of Jan. 1, 2020, the number of operating small and medium-sized businesses increased by 6.8% by 2019 and amounted to 49.9 thousand. In January-September 2019, output increased by 20.4% compared to the corresponding period of 2018. Today, 131.4 thousand people are employed in SMEs.

2.5 billion tenge were allocated for the implementation of the Business Roadmap 2020 program.

The Akimat of the Atyrau region takes measures to develop mass entrepreneurship and create favorable conditions for doing business.

One of the ways for the development of small and medium-sized enterprises is the implementation of the state program of support and business development Business Roadmap-2025, which is gaining momentum and becoming the most effective support mechanism in the field of business.

Since the beginning of the implementation of this Program (2010-2019), 1,590 projects in the amount of a loan of 110.8 billion tenge have been supported in the region, as a result 6,604 new jobs have been created.

Of these, in 2019 under this program 198 projects for a loan amount of 13 billion tenge were subsidized, 669 new jobs were planned, 98 projects for a total of 1.3 billion tenge were approved for partial guarantee of loans, 30 projects for a total of 56 million were approved for grant financing tenge.

At the same time, the Regional Program for the Development of Productive Employment and Mass Entrepreneurship for 2017-2021 is being implemented. Under this program, 646.3 million tenge were allocated for microcrediting in cities in 2019 and 31 projects were funded for 421.3 million tenge, 54 million tenge were allocated for guaranteeing and 31 projects.

Regional programs are also being implemented to support rural entrepreneurs.

“In order to provide rural entrepreneurs with access to cheap loans, local funds are allocated annually for soft loans at a rate of 7% per annum through the Fund for Financial Support of Agriculture,” the Akimat of Atyrau region said.

Over the past 7 years, more than 2 billion tenge has been allocated to support rural entrepreneurship, within the framework of which 450 projects of small and medium-sized businesses have been implemented and 678 new jobs have been created.

In particular, in 2019, 700 million tenge was allocated and 112 projects were financed, 55 new jobs were created.

The largest volume of lending falls on the sphere of trade, transport and other services, which has a significant impact on the development of small and medium-sized businesses.

In addition, in Atyrau, a Service Center for Entrepreneurs was established and successfully operates on the principle of a “one-stop shop”; Entrepreneurship Support Centers have been opened in all regions of the region, which provide the entire list of necessary services to business entities.

Since May 2013, the Mobile Center for Entrepreneurship Support has been operating, whose employees travel to the district centers every month to explain state-owned entrepreneurship support programs.

Under the Economy of Simple Things program in Atyrau region 97 projects were implemented.

As part of the program in the Atyrau region, Project Office was created on the basis of the regional Chamber of Entrepreneurs. It included representatives of state bodies, the Chamber of Entrepreneurs and financial institutions.

Projects that are under development and have already received funding are monitored on an ongoing basis. Identified problems are solved jointly with government bodies and financial institutions.

Proposals are being collected from business entities to improve the program. For example, at the suggestion of the Project Office, the program also included the production of asbestos cement and fiber cement, the production of other plastic products, other health care activities, and the production of concrete building products.

As of Feb. 13, 2020, 97 projects of the Economy of Simple Things Program totaling 31.8 billion tenge are in work in 9 industries. 23 projects were approved by banks and Agrarian Credit Corporation JSC for a total of 7.8 billion tenge. Eight projects totaling 6.4 billion tenge are under consideration in the second-tier banks and ACC. And also at the stage of preparing documents 66 projects for a total of 17.6 billion tenge.

 

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