Abay Sarkulov mentioned that on August 28 this year "Damu" Entrepreneurship Development Fund" has signed an Agreement on Cooperation to support entrepreneurs working in the sphere of energy saving with the financial support of UNDP-GEF.
"Thus, "Damu" Fund expands the instruments of support for small and medium-sized businesses, which means that we as a fund not only help to develop business but also strive to contribute to the formation of environmental safety of the society and environment. The main objective of this project is the financial support for small and medium-sized businesses in the field of energy saving and energy efficiency of the urban infrastructure", the head of "Damu" Fund said.
According to A. Sarkulov, when developing the conditions for the provision of financial support measures, the well-known acting mechanism of supporting small and medium business entity "Business Roadmap-2020" was taken as a basis.
"Thus, under this program, entrepreneurs can get additional support for business projects aimed at energy saving in the sphere of municipal economy in the form of subsidies, which will reduce the interest rate by 10%, and if there is a lack of collateral they will have an opportunity to receive a guarantee in parallel up to 50% of the loan amount", he said.
As Abay Sarkulov added, this program will be launched before the end of the year, the announcement of the start of applications for support measures will be published in the print media.
Video by Azamat Aliyev