Small- and Medium-sized Enterprises (SMEs) in Almaty have been involved in funded projects valued at 94 billion tenge.
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Small and medium businesses (SMEs) in Almaty don't just scrape by—they've got a helping hand from the city. Over 8,000 businesses, however, are still on the sidelines thanks to the latest restrictions. That's according to Nariman Abilshaikov, head honcho at the city's Chamber of Entrepreneurs, as reported by Almaty.tv.
To keep these businesses thriving, the city has pumped in funds. Some 55 projects worth a massive 94 billion tenge have been backed, designed to support Almaty's SMEs. On top of that, special mobile groups have been set up in every district to champion the rights of entrepreneurs. These groups include people from the prosecutor's office and the "Atameken" chamber. Abilshaikov also highlighted the main hurdles business owners are facing.
"The city's business community is primarily concerned about obtaining preferential loans, replenishing working capital, subsidizing incurred costs, and navigating tax administration issues," Abilshaikov said, director of the city's "Atameken" Chamber of Entrepreneurs.
Meanwhile, under the "Bastau Business" program, aspiring entrepreneurs are being schooled. Since the start of summer, over 2,000 people have signed up for these courses. This year, 1,705 grants have been dished out to implement the program in Almaty.
For entrepreneurs seeking financial aid, the Almaty Business – 2025 Program offers loans with interest rates as low as 2% and 6% per annum, targeted at micro and small businesses. Local microfinance organizations like MFO Almaty LLP, part of the SEC Almaty Group, are involved in issuing these loans.
If you're after national-level support, the Damu Entrepreneurship Development Fund is your go-to. This fund offers concessional lending and microfinance support across the country. For broader business guidance, the Atameken National Chamber of Entrepreneurs is a great resource. They can help with tax administration queries and other business needs.
To access assistance, start by applying for loans under the Almaty Business – 2025 Program. Reach out to MFO Almaty or other involved microfinance organizations to learn about eligibility and application procedures. For additional financial and consulting support, look to the BRM 2025 program and the Damu Fund. When in doubt, consult the resources of the Atameken National Chamber of Entrepreneurs. They can provide broader business advice, including tax administration guidance.
- The city's Chamber of Entrepreneurs, headed by Nariman Abilshaikov, has indicated that over 8,000 businesses in Almaty are still struggling due to recent restrictions.
- In an attempt to support these businesses, the city has allocated a significant amount of funds for 55 projects worth 94 billion tenge, designed to aid Almaty's small and medium enterprises (SMEs).
- Abilshaikov stated that the main concerns of the city's business community are obtaining preferential loans, replenishing working capital, subsidizing incurred costs, and navigating tax administration issues.
- For entrepreneurs who require financial aid, the Almaty Business – 2025 Program offers loans with interest rates as low as 2% and 6% per annum, primarily targeted at micro and small businesses, with local microfinance organizations like MFO Almaty LLP involved in the issuance of these loans.
