Financial Support

Governmental support in the region is provided within the framework of stat programs of Chukotka Autonomous Region, including

"Energy efficiency and power engineering development in Chukotka Autonomous Region in 2016–2020" (approved by the Decree of the Chukotka Autonomous Region government No. 41 dated January 28, 2016):

— Subsidy to guaranteed suppliers and (or) power supply organizations to reimburse part of expenses for the purchased electricity (power);

— Subsidies to power supply organizations operating in the mode of combined electricity and heat generation to reimburse part of expenses which were left out of consideration when establishing tariffs for electricity and heat;

— Subsidy to guaranteed supplier sand (or) power supply organizations to reimburse part of expenses which were left out of consideration when establishing tariffs for electricity (power);

— Subsidy to power supply organizations to reimburse part of expenses on fuel;

— Subsidies to gas supply organizations to reimburse the difference in the cost of natural gas;

— Subsidies to legal entities to reimburse expenses related to implementation of events aimed at gas industry development;

"Transport infrastructure in Chukotka Autonomous Region in 2014–2022" (approved by the Decree of the Chukotka Autonomous Region government No. 405 dated October 21, 2013):

— Subsidies to organizations to compensate expenses incurred for lease payments under aircraft leasing contracts;

— Subsidy to reimburse lost income arising in connection with passenger transportation at local airlines;

— Subsidies to air carriers to reimburse lost income related with interregional passenger air transportation from Chukotka Autonomous Region;

— Subsidy to airport to reimburse expenses on heat, electricity and cold water supply;

— Subsidies to air carriers to reimburse lost income related to passenger transportation on the route Magadan–Omolon–Magadan;

Subsidy to reimburse lost income related to sea and intraliman passenger transportation;

Subsidy to reimburse lost income arising out from loading, unloading and reloading of coal at roads in sea ports;

"Development of agroindustrial complex in Chukotka Autonomous Region for 2014–2020" (approved by Decree of the Chukotka Autonomous Region government No. 411 dated October 21, 2013):

– Subsidies to reimburse part of expenses on fuel;

— Subsidies to reimburse expenses related to support of livestock breeding;

— Subsidies to development of eating egg production;

Subsidies to financial recovery of agricultural goods producers, to reimburse expenses of agricultural goods producers related to repayment of debt for the goods purchased (works, services) and debts in taxes and fees;

Subsidies to develop the sea-hunting industry;

Subsidies to develop the storage and processing systems for wild-growing food resources;

Subsidy to reimburse expenses related to upgrade of facilities for food production;

Subsidies for financial support of production of socially important types of bread;

Subsidies for financial support of meat and dairy products production;

Subsidy to develop consumer operations infrastructure of reindeer-breeding teams;

Subsidies to develop protected ground vegetable production;

Grant support for agricultural consumer co-operatives to develop the material and technical basis;

Subsidy to agricultural consumer co-operatives to reimburse expenses on payment of trade and production area lease contracts;

Subsidies to reimburse expenses on purchase and delivery of feed;

"Promotion of economic activity of the Chukotka Autonomous Region population for 2014–2019" (approved by Decree of the Chukotka Autonomous Region government No. 410 dated October 21, 2013):

Provision of state support to emergent SME entities to create their business;

Subsidizing part of expenses of SME entities related to making the first (advance) payment when signing the equipment lease contract(s);

Subsidizing part of the expenses of SME entities related to procurement of equipment for establishment and (or) development, and (or) upgrading of production of goods (work, services);

Subsidy to business entities operating in rural areas to reimburse part of the expenses for payment of utility services;

Subsidy to business entities to recover part of the expenses for payment of interests on loans received from Russian credit institutions for delivery of consumer goods to the Northern Territories;

Subsidy to business entities to recover part of the expenses for payment of interests on loans attracted for investment purposes;

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