Delivery to the Northern Territories

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 (DELIVERY TO THE NORTHERN TERRITORIES) *

– subsidy is granted to compensate part of the expenses for payment of interests accrued under the loan agreement signed for delivery of food or pharmaceutical products to the Northern Territories at the rate of 1/2 of the key rate of the Bank of Russia effective at the date of the loan agreement, within the amount of interest paid

SUBSIDY RATES

is determined at a rate of 1/2 of the key rate of the Bank of Russia effective at the date of the loan agreement, within the amount of interest paid

POSSIBLE SUBSIDY DISBURSING DIRECTIONS

 

 to compensate part of the expenses for payment of interests accrued and paid under the loan agreement signed for delivery of food or pharmaceutical products to the Northern Territories

MAIN REQUIREMENTS TO APPLICANTS

- at least 60% of the received loan is directed for procurement of food and/or pharmaceutical products (except of tobacco and alcohol products, including beer);

- a point of sale in ownership or under another right of use

GENERAL REQUIREMENTS TO APPLICANTS

- registered on the territory of Chukotka Autonomous Region;

- individual entrepreneurs or legal entities (except the state or municipal unitary enterprises, business partnerships and companies with the share of the Russian Federation, a constituent entity of the Russian Federation or a municipal entity in their equity (joint) capital of more than 25 percent);

- are not under liquidation, reorganization or bankruptcy procedures;

- do not receive similar support

* - complete information on conditions and requirements is provided in the support procedure