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Assisting businesses - main goal of establishing single institution for small and medium-sized enterprises – Bashir Magomedov

06 May 2015 15:26 Posted in:  BUSINESS Source :  R
Author:  Alessia Dibiralieva
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Makhachkala, May 6, 2015. The main aim of creating a single institution for small and medium-sized businesses is helping business via rendering financial, legal and methodological assistance, Dagestan Business Ombudsman Bashir Magomedov enlarged on establishing this unit in Russia.

This idea is assumed to help integrate tools of supporting small businesses in a "single window" manner. I.e., mating of the structures will allow for further reduction of total costs and facilitate entrepreneurs’ right to access the supportive measures.

Russian President Vladimir Putin has ordered until May 20 to prepare a draft decree on establishing a single institution for small and medium-sized businesses on the premises of the Loan Guarantee Agency and the Russian Bank for Supporting Small and Medium-Sized Enterprises.

The Russian Government and the Presidential Administration received the order following the State Council meeting of April 7, where the head of state said that small and medium-sized businesses in Russia were developing too slowly.



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