MAKHACHKALA, November 10 – RIA Dagestan. A business forum organized by the Ministry of Economy and Territorial Development of Dagestan in collaboration with the BISOM-Alliance association, has taken place at the "Russia – My History" historical park in Makhachkala.
The forum's program included overviews of existing business support measures in Dagestan by representatives of various ministries, speeches by leading regional experts and an analysis of case studies and practical tools for entrepreneurs.
Khadzhimurad Magomedov, head of the BISOM business community, addressed the participants in his welcoming speech: "Today we have gathered representatives of the business, government and expert communities to discuss current issues in entrepreneurship and growth opportunities. I am confident that open dialogue, the practical experience of our speakers and new links will form the basis for effective solutions and further cooperation".
Madina Kaibova, Deputy Minister of Industry and Trade of the Republic of Dagestan, spoke about existing state support measures in the industrial sector. As to the senior official, the republic currently implements the "Development of Industry and Enhancement of its Competitiveness" program, which extends support to both corporate entities and individual entrepreneurs.
In particular, the program includes partial reimbursement for acquired industrial equipment, subsidies for research and development and support for creating online stores and promoting products on digital trading platforms. Kaibova specifically highlighted support for those engaged in wool and leather processing, taking into account the agricultural profile of the republic and its large small livestock population. Following this, ministry representatives briefed the entrepreneurs on available state support measures and answered questions from the participants.