Subsidies for acquisition of equipment

Support measures

• The maximum amount of the subsidy per recipient should not exceed 10 Mio rubles, but not more than 30 percent of the purchase price. The maximum amount of the subsidy per recipient should not exceed 10 Mio rubles, but not more than 30 percent of the purchase price.
• The maximum amount of subsidy for individual entrepreneurs and enterprises which are newly registered or exist less than one year should not exceed 1.5 Mio rubles, but not more than 30 percent of the purchase price.

Application requirements

• For small and medium-sized business entities registered in the territory of the Chuvash Republic and engaged in the production of goods (works, services) except for the main types of activity included in sections G (except for the code 45), K, L, M (except for the codes 71 and 75), N, O, S (except for the codes 95 and 96), T, U of the Russian Classification of Economic Activities OK 029-2014 (NAC Ed. 2).
• The average monthly salary for the previous year should not be lower than the average monthly salary for the relevant type of economic activity.

Equipment requirements

• The purchased equipment must be unused, of the current or previous year of manufacture and put into operation no later than the day the applicant submits the application documentation.
• Equipment costs should be documented.
• Actual availability of the equipment with the recipient of subsidy.
• Full payment of the cost of equipment. The equipment should be used according to its intended purpose within the useful life.

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