The Department of Finance and Economics has finished accepting applications for the third grant competition this year. Up to 4 million rubles can be distributed between authors of startup projects.

According to the Department of Finance and Economics of the Nenets Okrug, 14 applications were received for the competition. 11 projects are expected to be implemented on the territory of Naryan-Mar, one at a time - on the territory of the settlements Indiga, Krasnoye and Iskateli.

The total amount of requested state support funds is 8.4 million rubles. At the same time, entrepreneurs are ready to invest their own funds in the total amount of 4.9 million rubles. The minimum amount of equity for the start is declared 75 thousand rubles, the maximum - 1.7 million rubles.

The commission has submitted business plans for the creation of a mini-workshop for the production of confectionery, chocolate products, a bakery, a fish processing workshop, the organization of fish catch and processing, and the creation of animal feed production from reindeer by-products. Also, entrepreneurs are ready with state support to open a dental office park and a virtual reality club, a hairdresser in Krasnoye and a beauty salon in Naryan-Mar, a camp site. Also presented are projects for the installation of an automatic water column in the village of Iskateli and the acquisition of equipment for displaying projection advertising.

The results of the competition are planned to be announced by the end of next week. Applicants' projects are currently undergoing peer review.

The maximum grant amount per recipient is 500 thousand rubles. The amount can be increased to 1 million rubles in case if an organization included in the priority target group applies for state support.

This year, 9 business initiatives of the NAO residents have already received grant support.