MOSCOW, October 22 – Payments in the amount of one minimum wage per employee will be received by small and medium-sized businesses that work in the sports, hotel business, catering, additional education, consumer services, culture, leisure and entertainment and some others, a representative of the First Deputy Prime Minister of the Russian Federation told reporters Andrey Belousov.
He chaired a meeting on the launch of anti-crisis measures to support small and medium-sized businesses in the most affected industries
On Wednesday, Russian President Vladimir Putin supported the proposal of the Cabinet of Ministers to introduce a non-working day regime from October 30 to November 7. In these conditions, the government proposed to resume the program of concessional business lending at 3% (payroll 3.0) and to make direct payments to small and medium-sized businesses in the amount of 1 minimum wage per employee.
“SMEs that operate in the sports, hospitality, catering, additional education, personal services, culture, leisure and entertainment sectors and some others will be able to apply for a gratuitous grant as early as November 1, 2021. Applications will be accepted at 15 December 2021, “the message says.
Payments will be made in 8 working days from the date of submission of the application to FTS (the first issues will take place on November 15). “The size of the grant will be determined depending on the number of employees – in the calculation of 1 minimum wage per 1 employed, including the individual entrepreneur himself,” the deputy prime minister added.