Dagestan allocates 110 million roubles for start-ups grants in 2014

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Makhachkala, December 24, 2014. Dagestan allocated 110 million roubles for start-ups grants in 2014, the press service of the republican ministry of industry, trade and investment informed RIA Dagestan.

Of these, 85 million rubles comes from the federal budget whereas 25 million rubles is from the republican funds. Earlier in the month, the ministry announced the grant winners. So this year, 455 applicants received state grants. In 2013, 628 Dagestani small businesses got grant support.

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