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Information on the Unified Program of Business Support and Business Development "Business Road Map 2020"

A single program is implemented in 4 directions.

The first direction of the Program provides for entrepreneurs to provide the following financial support measures:

1. Subsidizing part of the interest rate on loans / contracts of financial leasing of banks / development banks / leasing companies.

The amount of the loan / financial leasing contract, under which the interest rate is subsidized, can not exceed 750.0 million tenge for one entrepreneur and is calculated without taking into account the debt on the loan / financial leasing agreement of affiliated persons / companies.

Subsidies are made only for loans / contracts of financial leasing with a nominal interest rate of not more than 19%, of which 10% will be subsidized by the state, and the difference is paid by the entrepreneur.

2. Partial guarantee on loans from banks / development banks.

For a beginner entrepreneur / young entrepreneur:

1) the loan amount under the project, under which the guarantee is carried out, can not exceed 20 million tenge. At the same time, the loan amount is calculated for one novice entrepreneur / young entrepreneur starting without taking into account the debt on the loan of affiliated persons / companies;

2) the amount of the guarantee can not be higher than 85% of the loan amount;

3) the term of the provided guarantee can not exceed 5 (five) years. For loans up to KZT 20 million, 100% of which is directed to replenish current assets, the guarantee period is 3 (three) years.

For an active entrepreneur:

1) the amount of the loan, under which the guarantee is carried out, can not exceed 180 million tenge. At the same time, the loan amount is calculated for one entrepreneur without taking into account the debt on the loan of affiliated persons / companies;

2) the amount of the guarantee can not be more than 50% of the loan amount;

3) the term of the provided guarantee can not exceed 5 (five) years. The guarantee period for loans aimed at replenishment of current assets, as well as for loans up to KZT60 million, 100% of which is directed to replenishment of working capital, is 3 (three) years.

3. Granting of state grants.

State grants are provided to small business entities, including young entrepreneurs, beginners, as well as women, disabled persons and persons over 50 years of age, on a gratuitous and irretrievable basis for the implementation of new business ideas in priority sectors of the economy and manufacturing industries under the Program .

The maximum grant amount for one entrepreneur can not exceed 3,000,000 (three million) tenge. Financing of support measures in the form of grants is carried out at the expense of the republican budget through the transfer of targeted transfers to the regional coordinators of the Program.

4. Partial guarantee of loans to microfinance organizations.

Partial guarantee is provided only for new loans of microfinance organizations received in banks.

Partial guarantee for microfinance organizations is provided by the financial agency.

Financing of guaranteeing of loans of microfinance organizations to banks is carried out from the republican budget by signing a corresponding agreement between the authorized body and the financial agency.

The second direction of the Program provides for entrepreneurs to provide the following financial support measures:

1. Subsidizing the interest rate on loans / contracts of financial leasing of banks / development banks / leasing companies.

Subsidizing the interest rate is carried out under new loans / leasing contracts issued for the implementation of new efficient investment projects, as well as projects aimed at modernization and expansion of production.

Under the new effective investment projects, as well as projects aimed at the modernization and expansion of production, we mean projects:

1) subjects of medium or large enterprises that have achieved revenue growth and increased tax payments to the budget by 20% in the previous 3 (three) years before the application was submitted by the entrepreneur to the local coordinator of the Program (in the cities of Astana and Almaty - the regional coordinator of the Program);

2) small business entities that ensure revenue growth, increase the average annual number of jobs on the basis of data on mandatory pension contributions and (or) social contributions and increase the amount of taxes paid to the budget by 10% after 2 (two) fiscal years from the date of decision of the CSW.

2. Partial guarantee on loans from banks / development banks.

Partial guarantee is provided only on new loans issued for the implementation of new efficient investment projects, as well as projects aimed at modernization and expansion of production.

Under new investment and efficient projects, as well as projects aimed at the modernization and expansion of production, we mean projects:

• subjects of medium or large enterprises that have achieved revenue growth and increased tax payments to the budget by 20% in the previous 3 (three) years before the application was submitted by the entrepreneur to the local coordinator of the Program (in the cities of Astana and Almaty - the regional coordinator of the Program) for loans in excess of 180 million KZT / financial agency for loans up to KZT 180 million;

• Small business entities that provide income growth, increase the average annual number of jobs on the basis of data on mandatory pension contributions and (or) social contributions and increase in the amount of taxes paid to the budget by 10% after 2 (two) fiscal years from the date of the decision of the RCC for loans over 180 million tenge / decision of the financial agency on loans to 180 million tenge.

3. Development of industrial (industrial) infrastructure.

The development of industrial (industrial) infrastructure consists in bringing the missing infrastructure to projects of small and medium-sized businesses aimed at creating new production facilities, modernizing and expanding existing production facilities, both for individual projects (including for the provision of several projects) and for the creation industrial zones.

The allocation of funds for the development of infrastructure for small and medium-sized enterprises and industrial zones is carried out in accordance with the budget legislation of the Republic of Kazakhstan.

4. Creation of industrial zones.

Industrial facilities (production, warehouse and administrative premises), provision of social services (public catering facilities, advanced training of workers, provision of public services), facilities for provision of banking services are located on the territory of the industrial zone.

The main tasks of creating industrial zones are:

1) assistance to the accelerated development of private entrepreneurship in the sphere of industry;

2) optimization of costs for the creation and development of new production infrastructure;

3) increase of production efficiency;

4) ensuring employment of the population.

5. Long-term leasing financing.

Long-term leasing financing is provided for a period of up to 10 years. The interest rate under the financial lease agreement for the applicant should be 5%, while the ratio of budgetary credit and other funding to JSC "DBK-Leasing" should be 80/20. In order to increase the volume of long-term leasing financing, it is allowed to re-use the funds from repaid lease payments on terms determined by this Program. These conditions also apply to contracts concluded in 2011-2012 within the framework of the Productivity 2020 Program approved by the Government of the Republic of Kazakhstan Decree No. 254 of 11 March 2011 "On Approving the Productivity 2020 Program."

The third direction of the Program provides for subsidizing the nominal interest rate for current loans / leases of banks / development banks / leasing companies in national and foreign currencies.

Participants in the third direction of the Program may be entrepreneurs working in priority sectors of the economy and manufacturing industries, in accordance with Annexes 1 and 2 of the Program, and having foreign exchange earnings of not less than 10% of the total monetary proceeds for the previous six months before the application is submitted by the entrepreneur to the regional coordinator of the Program.

The amount of the loan / financial leasing contract, under which the interest rate is subsidized, can not exceed 4.5 billion tenge for one entrepreneur and is calculated without taking into account the debt on the loan / financial leasing contract of affiliated persons / companies.

Subsidizing the interest rate can be carried out only for loans of banks with a nominal interest rate of not more than 19%, of which 6% is compensated by the state, and the entrepreneur pays the difference. At the same time, the bank does not charge any fees, fees and / or other payments related to the loan, except for the cases:

1) associated with changes in credit conditions initiated by the applicant;

2) levying due to violation of the applicant's obligations under the loan.

The fourth direction of the Program - non-financial measures to support entrepreneurship include provision of state non-financial support to private entrepreneurs and the population with an entrepreneurial initiative in the following functional areas:

1) information and analytical support of entrepreneurship;

2) developing the competencies of entrepreneurs;

3) increasing the productivity of entrepreneurs;

4) expansion of business ties.

Long-term leasing financing is provided for a period of up to 10 years. The interest rate under the financial lease agreement for the applicant should be 5%, while the ratio of budgetary credit and other funding to JSC "DBK-Leasing" should be 80/20. In order to increase the volume of long-term leasing financing, it is allowed to re-use the funds from repaid lease payments on terms determined by this Program. These conditions also apply to contracts concluded in 2011-2012 within the framework of the Productivity 2020 Program approved by the Government of the Republic of Kazakhstan Decree No. 254 of 11 March 2011 "On Approving the Productivity 2020 Program."

The third direction of the Program provides for subsidizing the nominal interest rate for current loans / leases of banks / development banks / leasing companies in national and foreign currencies.

Participants in the third direction of the Program may be entrepreneurs working in priority sectors of the economy and manufacturing industries, in accordance with Annexes 1 and 2 of the Program, and having foreign exchange earnings of not less than 10% of the total monetary proceeds for the previous six months before the application is submitted by the entrepreneur to the regional coordinator of the Program.

The amount of the loan / financial leasing contract, under which the interest rate is subsidized, can not exceed 4.5 billion tenge for one entrepreneur and is calculated without taking into account the debt on the loan / financial leasing contract of affiliated persons / companies.

Subsidizing the interest rate can be carried out only for loans of banks with a nominal interest rate of not more than 19%, of which 6% is compensated by the state, and the entrepreneur pays the difference. At the same time, the bank does not charge any fees, fees and / or other payments related to the loan, except for the cases:

1) associated with changes in credit conditions initiated by the applicant;

2) levying due to violation of the applicant's obligations under the loan.

The fourth direction of the Program - non-financial measures to support entrepreneurship include provision of state non-financial support to private entrepreneurs and the population with an entrepreneurial initiative in the following functional areas:

1) information and analytical support of entrepreneurship;

2) developing the competencies of entrepreneurs;

3) increasing the productivity of entrepreneurs;

4) expansion of business ties.