The Moscow Government Will Offer Support to Startups

dsc_6515.jpg (500×334)The Moscow Government is developing support measures for startups during their formation period: their first three years. The city is supporting small businesses through subsidies and tax benefits. Moscow’s guarantee fund with the capital of RUB 9 bn is the largest in Russia. Small businesses working in high-tech may become residents of 28 technoparks. Moscow has a program for establishing governmental services centers that provide consulting and training support for businesses.