State program of business support and development «Business Road Map 2020»

General description of the State program

Subsidizing part of loan interest rate, as well as obtaining guarantee from the «Damu» EDF JSC for partial securing performance of obligations under the loan.

Directions of the State Program

·         1-st direction "Supporting business initiatives of entrepreneurs in single-industry towns, small towns and rural settlements: subsidizing interest rate, guaranteeing;

·         2-nd direction "Branch support for entrepreneurs/ of industrial innovation business entities carrying out activities in the priority sectors of the economy and branches of manufacturing industry": subsidizing interest rate, guaranteeing;

·         3-rd direction "Reducing currency risks of entrepreneurs": subsidizing interest rates of export-oriented entrepreneurs.

Requirements for obtaining subsidies/guarantees

1-st direction:
Entrepreneurs implementing and (or) planning to implement their own and effective projects in rural settlements, small towns and single-industry towns - without branch restrictions and without regard to the entrepreneur’s place of registration.

2-nd direction:
Effective entrepreneurs/industrial-innovation business entities implementing and (or) planning to implement:
projects in priority sectors of the economy in accordance with the Common Classifier of Economic Activity;
projects implemented in priority sectors of the manufacturing industry and certain types of services determined by SPIID.

3-rd direction:
Entrepreneurs carrying out activity in the priority sectors of the economy and branches of manufacturing industry determined by SPIID-State program of industrial-innovative development, according to the terms and conditions of the State Program, and having foreign exchange earnings in the amount of not less than 10% of the total proceeds in cash for the previous six months prior to submission of application to the financial agency by entrepreneur.

Max funding rate

Base rate of the NB RK (at the time of taking a decision by the STB on the project funding) + 5% per annum.

Amount of subsidizing

1-st direction:

50% of the nominal funding rate

2-nd direction:

40% of the nominal funding rate for the projects in priority sectors of the economy;
50% of the nominal funding rate for the projects in priority sectors of the manufacturing industry;

3-rd direction:

30% of the nominal funding rate

Loan amount

·         no more than 750 million KZT per entrepreneur under the 1-st direction;

·         no more than 2.5 billion KZT per entrepreneur under the 2-nd and 3-rd directions;

Subsidy period

5 years for investments, 3 years for replenishment of circulating assets

Guarantee program

Loan guarantee shall be provided by the «DAMU» Foundation as partial security of performance of Borrower’s obligations under the loan.

Guarantee amount

Depends on the type of entrepreneurship and the loan amount within the framework of the project

Up to 85% of the loan amount

Guarantee period

No longer than the loan period

Business areas covered by guarantee

Priority sectors of the State program «BRD-2020» or priority branches of manufacturing industry within the framework of the SPIID

Without sectoral restrictions for young novice entrepreneurs.

Without sectoral restrictions for entrepreneurs in rural settlements, in single-industry towns and small towns.

Learn more about the subsidizing at the «DAMU» Foundation’s website

Conditions for subsidizing the projects within the framework of the «BRD-2020»

Learn more about the subsidizing at the «DAMU» Foundation’s website

Conditions for guarantee submission

The Bank products, for which you can get subsidy/guarantee

1. Lending at the expense of the Unified Accumulative Pension Fund JSC,

2. Premium loan*

3. Small loan*

4. Quick loan*

5. Car loan*

6. Lending legal entities (corporate business)*.

* Subject to compliance with the requirements of the SP «Business road map 2020".