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Subsidies for small businesses (investments and turnover)

TERMS

Subsidy size

40% of the nominal remuneration rate

Amount

up to 200 million KZT

Loan term

up to 3 years

Purpose of loan

Investments; Replenishment of working capital

Subsidy calculator

12 months 36 months

Monthly payment:

0 ₸/mos

Savings due to subsidy:

0 ₸/mos

Total savings:

0

* Calculations are preliminary. Detailed consultation is available from managers at regional branches.

Program participants are determined as subsidy agreements are concluded

Additional information can be found at this link

ADVANTAGES OF PROGRAM

ASSISTANCE

Our managers will help you prepare your documents.

COMFORT

Apply for subsidy online from anywhere.

SPEED

The Fund will consider your application in a short period.

RELIABILITY

We have subsidized more than 99 000 projects.

Participants

Micro and small business entities, social entrepreneurship entities

Maximum amount  Up to 200 million tenge

Purpose

Investments; Working capital replenishment

Interest rate

National Bank base rate + 4%

Subsidy amount

40% of the nominal interest rate

Final rate for the borrower  Minimum 12.3%
Final rate for social entrepreneurship  Minimum 11.3%

Subsidy period

Up to 3 years

Counter obligations

For investment projects: a 10% increase in taxes and jobs within two fiscal years from the date of receiving state support

List of Priority Economic Activities


No.

Code of General Classification of Economic Activities

Name

1

2

1. In manufacturing industry

1

10

Food production

2

11.06

Malt production

3

11.07

Production of non-alcoholic beverages, mineral waters and other bottled waters

4

13

Textile production

5

14

Clothing production

6

15

Leather and related products production

7

16

Wood and cork products production (except furniture); straw and plaiting materials production

8

17

Paper and paper products production

9

18

Printing and reproduction of recorded media

10

20

Chemical products production

11

21

Basic pharmaceutical products and preparations production

12

22

Rubber and plastic products production

13

23

Other non-metallic mineral products production *

14

24

Metallurgical production**

15

25

Fabricated metal products production (except machinery and equipment)

16

26

Computers, electronic and optical equipment production

17

27

Electrical equipment production

18

28

Machinery and equipment production not elsewhere classified

19

29

Motor vehicles, trailers and semi-trailers production

20

30

Other transport equipment production

21

31

Furniture production

22

32

Other manufactured goods production

23

33

Repair and installation of machinery and equipment

2. In services and other activities

Agriculture, forestry and fishing

24

01

Crop and animal production, hunting and related service activities, except 01.11 "Growing of cereals (except rice), leguminous crops and oil seeds" ***

25

03

Fishing and aquaculture ***

Transportation and storage

26

49.41

Freight transport by road

27

52

Warehousing and support activities for transportation

Accommodation and food service activities

28

55.10

Hotels and similar accommodation services****

29

55.20

Holiday and other short-stay accommodation services*****

30

55.30

Camping grounds, recreational vehicle parks and trailer parks services

Information and communication

31

58

Publishing activities******

Real estate activities

32

68.20.8

Rental (sublease) and management of own or leased warehouse premises *******

Professional, scientific and technical activities

33

75

Veterinary activities

Education

34

85

Education********

Human health and social work activities

35

86

Healthcare activities*********


* except production of ready-mixed concrete (code 23.63 of General Classification of Economic Activities (hereinafter - GCEA));

**except production of pig iron, steel and ferroalloys (GCEA code 24.10), processing of nuclear fuel (GCEA code 24.46), cast iron foundries (GCEA code 24.51), steel foundries (GCEA code 24.52);

*** this GCEA code includes production, processing, preservation of agricultural products;

**** except five-star hotels;

*****except apartments and residential houses;

****** this GCEA code includes publishing of books, brochures, leaflets and similar printed matter, including dictionaries and encyclopedias, publishing of atlases, maps and charts for school education;

******* this GCEA code includes rental of warehouses and storage areas;

******** except private schools that have one of the following characteristics:

no state educational order for secondary education is provided;

compensation of operational and/or investment costs is provided,

as well as GCEA codes 85.53 "Driving school activities", 85.59 "Other education not elsewhere classified";

********* except healthcare facilities that have signs of elitism and are primarily focused on serving high-income population segment. Such projects may include, in particular, private medical institutions where:

only VIP services are provided (high-comfort rooms, premium service, etc.);

cost of services significantly exceeds market averages;

there is no accessibility of basic medical services for broad population groups.


1
Signing of a Portfolio Agreement between the STB and the Damu Fund
2
The STB makes a positive decision on the possibility of providing a loan to SMEs*
3
The STB signs the Loan Agreement (LA)** with the borrower and submits it to the Damu Fund along with a notification letter
4
After loan issuance, the STB submits to the Damu Fund a copy of the Loan Agreement (LA)**, the repayment schedule, and a notification letter to obtain subsidies
* SMEs – Micro and Small Enterprises
** LA – Loan Agreement