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  • Baiterek Holding announced start of medium business’s support program
28 January, 2015 18:21

Baiterek Holding announced start of medium business’s support program

A meeting with businessmen held in Kyzylorda region.
Baiterek Holding announced start of medium business’s  support program | Strategy2050.kz

Deputy Governor of Kyzylorda region Galym Amreyev, Project Manager of Strategy and priority projects "Baiterek" Holding Yermek Kazym, government officials, banks and the "Damu" Fund took part in the event as well.

During the meeting Yermek Kazim presented entrepreneurs Medium business’s support program, where existing or potential exporters of products with the ongoing dynamics of growth, stable financial performance can take part.

 According to Damu Fund such economy sectors as engineering, food industry and construction materials production  will be among priorities.

 It should be noted 40 businessmen working in these spheres exactly took part in the meeting.

The program will be implemented through subsidiaries of Baiterek Holding  - Development Bank of Kazakhstan, Entrepreneurship Development Fund "Damu", Kazyna Capital Management, the National Agency for Technological Development, KazExportGarant. Each of these institutions will provide development tools for its implementation. Among them: the direct lending, financing of leasing transactions, interest rate subsidies, loan guarantees, export insurance, pre-export financing and trade financing, grants for innovation. Thus, the program will provide comprehensive support for medium-sized businesses on the "one stop" principle.

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