Ministry of Economic Development: Women Entrepreneurs and Regions Will Receive Up to 40% Subsidized Financing

Виктор Сизов Exclusive
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Today, a new online platform based on the tax service was launched, which provides the opportunity to register a business and start its operations remotely. An important part of this initiative is the simplification of the permitting system and the reduction of requirements for entrepreneurs. This was announced on the air of the radio station by Nurbek Umetaliev, head of the entrepreneurship development department of the Business Environment Policy Department of the Ministry of Economy.

According to him, special attention is being paid to supporting the textile industry and developing women's entrepreneurship.
As part of the interest rate subsidy program for preferential lending, 3.7 billion soms are planned to be allocated. Of this amount, 30-40% should be directed towards supporting women entrepreneurs, while 60% will be aimed at developing businesses in the regions.

Umetaliev also noted that export-oriented entrepreneurs can count on assistance through the "Kyrgyz Export" center, which operates under the Ministry of Economy. This center provides consultations on the preparation of necessary documents, organizes the participation of local companies in international exhibitions and forums, and partially compensates travel expenses abroad.
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