In order to start a business, even a small one, start-up capital is required. One of its sources may be a subsidy received by a novice businessman under a state or municipal program.
Money for the provision of subsidies to small and medium-sized enterprises is pledged in the federal, regional (regional) and city (local) budgets. The total amount of funding is made up of funds from the budgets of all three levels. The subsidy program is designed for newly created enterprises or newly registered individual entrepreneurs. These include individual entrepreneurs and small or medium-sized businesses that have worked for less than a year or exactly a year. The main feature of such a program is its competitive nature. The subsidy can be provided only to the winner of the competition to receive it. Such contests are held in the regions of Russia every spring and autumn. An application for participation is submitted to the administration of the central city of the region (regional center). You can only become a winner in this program once. If the participant has not won the right to receive a subsidy, he can again apply for participation in the next competition, but only if the period of its existence has not exceeded twelve months by that time. Another important feature of the program of assistance to small and medium-sized enterprises is a clear definition of the goals for which subsidies can be spent. For example, if an entrepreneur won money under the program for financing the acquisition of fixed assets, then he can only reimburse from the money won for the purchase of fixed assets of his production (with the exception of real estate, cars, household appliances, software). To participate in the competition, it is necessary to prepare a certificate of state registration of an entrepreneur, an extract from the Unified State Register of Legal Entities, a copy of a passport, an application, a business plan.