Kizlyar, March 10, 2015. On March 12, a republican business incubator will be opened in Kizlyar’s Cheriomushki district, a source in the Dagestan ministry of industry, trade and investment reported RIA Dagestan.

The opening ceremony is awaiting the republic's leadership, public and community figures, the business incubator staff, potential entrepreneurs, and the Kizlyar public. Participants will see the premises, hear the officials speak, and enjoy the cultural program.

The fresh incubator is designed to give aspiring entrepreneurs the premises and services on favorable terms to facilitate establishment of new firms. The staff here will train the residents, teach them the basics of entrepreneurship, give them psychological support, and render services necessary for running business.

The main efficiency criterion is the rate of employment, particularly for low-income or unemployed job-seekers. Both newly established and on-going businesses will be able to get assistance here. The incubator’s management company will also arrange conferences, round tables, and workshops for entrepreneurs.