The Committee for Economy of the Vitebsk Regional Executive Committee has announced a competition for investment projects of business entities for the provision of state support, BELTA was informed by the Vitebsk Regional Executive Committee.
Small business entities of the Vitebsk region and medium-sized business entities of the Orsha district implementing investment projects, business projects related to the construction, acquisition of capital structures (buildings, structures), isolated premises or their reconstruction, purchase of equipment, vehicles, special devices and accessories, components, raw materials and materials for their own production and service provision are eligible for financial support. An obligatory condition is the creation of jobs.
State support is provided by granting subsidies to reimburse part of the interest for the use of bank loans; subsidies to reimburse part of the expenses for lease payments under financial lease agreements. Reimbursement of part of the interest for the use of bank loans obtained in Belarusian rubles is carried out in the amount of not more than 0.5 of the refinancing rate of the National Bank of Belarus, established on the date of reimbursement of part of the interest; in foreign currency - in the amount of not more than 0.5 of the loan rate. Reimbursement is made in Belarusian rubles at the official rate of the National Bank on the date of the decision on reimbursement of part of the interest.
The Committee for Economy of the Vitebsk Regional Executive Committee accepts documents for participation in the competition until September 20.