Businesses in Moscow will be able to receive city subsidies through bank services
2021-07-06 02:28

Businesses in Moscow will be able to receive city subsidies through bank services

Moscow entrepreneurs will be able to apply for city subsidies through personal accounts on IT platforms of commercial banks, in which they have opened bank accounts, such a decree was signed by the mayor Sergei Sobyanin.

It means that banks will become the authorized representatives of Moscow businessmen on gathering of documents and applications for city subsidies and grants, and also will consult clients on questions of receiving support measures.

Filing applications through the banks will greatly simplify the process of obtaining urban financial support, as services of banks will help entrepreneurs to form a complete package of documents and reduce the number of refusals due to errors in filling them out, explained the mayor's office.

Next week business representatives will be able to apply for subsidies through a personal office of the bank client. It is possible to apply for subsidies for purchase and leasing of equipment, development of economic activities, participation in exhibitions, online promotion of goods and services, as well as reimbursement of expenses for franchising contracts.

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Author: Karina Kamalova