A competition of investment projects of small businesses has started in Belarus

The Belarusian Fund for Financial Support of Entrepreneurs is holding a competition for investment projects of small businesses to provide them with state financial support.

State financial support is provided to small businesses registered and operating on the territory of the Republic of Belarus on a competitive basis and when they implement investment projects in the following areas:

• creation, development and expansion of production of goods (works, services);
• organization, development of production, sale of export-oriented, import-substituting products;
• production of products aimed at energy and resource saving;
• introduction of new technologies (having higher quality characteristics compared to the best analogues available in the given market, in a certain market segment, for which this technology is new).

Applications for participation in the competition are accepted to 30 December, 2022.

The provision of state financial support to business entities makes a significant contribution to the achievement by the Republic of Belarus of Sustainable Development Goals 7, 8, 9, 12 and other SDGs.

More information about the competition can be found at the link.