The Belarusian Fund for Support of Entrepreneurship has announced a contest of investment projects among small businesses. Applications are accepted until 31 January 2018, and the winners will be eligible to state financial support in the form of a loan (on a reimbursable basis) and leasing of assets (finance lease).
State support will be provided for investment projects to start up or develop the manufacture of goods (works, services); to start, manufacture and sell export-oriented, import-substituting goods; to manufacture energy-and resource-saving goods; to introduce new technologies (higher qualitative characteristics compared with the best currently available on the domestic market).
The size of the state support will be Br196,000 for a loan programme and the same amount for the finance lease programme. The total amount of financial support for one entity shall not exceed Br245,000.
Full details and application forms can be found on the website of the Ministry of Economy.