How to get money for small business development

In the first one or two years of your own business, you can get a tangible subsidy to support it. Requirements for applicants and the amount that can be obtained are different in each region. All the features of the provision of this subsidy in a specific subject of the Federation must be clarified in the local agency for the development of entrepreneurship.

You will need

• - constituent documents of the individual entrepreneur or enterprise;

• -business plan;

• - additional documents in accordance with the requirements for applicants in a particular region.

Instruction manual

1

There are some general frameworks set at the federal level. The maximum amount of subsidies ranges from 200 to 400 thousand rubles. You can claim less. And from the moment of registration of an entrepreneur or company, a little time should pass: on average in the country no more than one or two years. Somewhere, the founder of the enterprise or entrepreneur must be unemployed before registration (in this case, it makes sense to first register with the employment center, where, by the way, you can get an additional subsidy to start your own business), somewhere at your own expense to learn the basics of entrepreneurship, somewhere the subsidy is given only for specific purposes (for example, the purchase of capital goods), somewhere there is limited by fields of activity of applicants, etc.

2

In general, all the features of the regional subsidization of start-up businessmen should be recognized in the agency for the development of entrepreneurship in a particular region. Information about this and other state support programs for business can often be found on the website of the agency itself or the department of economic development and trade (depending on the region, variations in the name of this structure are possible, but the general meaning is the same everywhere), of which the agency for entrepreneurship development is a division. in case you need to apply for a subsidy through an agency, they will also tell you all the requirements for participants, documents confirming this or that fact, advise how to draw up a business plan, and help correct it.

3

Listen carefully to everything that is told to you at the initial consultation. Write down the most important points, ask the agency specialist for a list of necessary documents, ask for advice on where and how best to fill in the gaps that prevent you from applying for a subsidy right now, if any (for example, where is it better to get a basic business training if there is such a requirement for candidates).Pay special attention to recommendations for the preparation of a business plan. The prospect of receiving your subsidy directly depends, first of all, on it. If there is an opportunity to buy a training manual on its compilation, do not neglect it.

4

Having learned everything you need, start collecting the missing documents and drawing up a business plan. When ready, show it to an agency specialist. Such consultations are usually paid, but they are inexpensive, and if the subsidy is successfully received, they will pay off with interest. Use this service until the specialist of the agency has the slightest comment. Then hand the finished business plan and the entire package of documents to the agency or the department of economic development and trade. The procedure and deadlines for applying for a subsidy in a specific region will be explained to you by the agency. After submitting the documents, wait for a decision. And if it is positive - money.

note

A business plan is not only a basis for allocating money to you for a business, but also a criterion for their subsequent intended use. You have the right to spend them only for the purposes specified in the business plan. And for every penny from the subsidy you have to report back in a year. The procedure for the report will be explained to you in the enterprise development agency.

Useful advice

Depending on the region, there may be additional measures to support small businesses: various other subsidies, grants from the governor, etc. The main source of information about the opportunities and conditions that allow them to be used is the business development agency of your region and its territorial units, if available.