National Project on Entrepreneurship Development for 2021-2025

The National Entrepreneurship Development Project for 2021-2025 envisages the subsidizing interest rates and guarantees, in the event of a shortage of collateral

The maximum amount is up to 3 billion tenge



Conditions for subsidizing projects under portfolio subsidizing

Participants

Small business entities, including micro-entrepreneurs

Sectors

No sectorial restrictions, except for:
1) the activities of pawns offices, microfinance and factoring organizations,
2) the sphere of trade (the ban does not apply to small entities, including micro-entrepreneurship entities, implementing projects in mono and small towns, rural settlements), while trade in food products is allowed

Maximum loan amount

for investments – no more than 20 million KZT, for replenishment of working capital – no more than 5 million KZT

Loan subsidy amount

The basic rate of NBRK + 7%, of which 15,00% is subsidized by the state, and the difference is paid by the entrepreneur.

For projects implemented in mono and small towns, rural settlements, the Basic rate of NBRK +7%, of which 16,00% is subsidized by the state, and the difference is paid by the entrepreneur.

Loan term

Investments – 3 (three) years without the right to prolong the subsidy period. Replenishment of the working capital – 2 years without the right to prolong the subsidy period.

Guarantee size

Up to 85% of the loan

Guarantee term

Up to loan term


Conditions for subsidizing projects within the framework of the direction "Support for entrepreneurs/entities of industrial-innovative activities" of the National Project for Entrepreneurship Development for 2021-2025

Participants

  • Small and medium-sized business entities;
  • Entrepreneurs/entities of industrial-innovation activity, implementing and (or) planning to implement their own and effective projects in the priority sectors of the economy *.

Projects implemented in settlements, including mono and small towns, rural settlements, except for the cities of republican significance/regional centers – without sectorial restrictions.

Sectors

No sectorial restrictions – for projects in settlements, including mono and small towns, rural settlements, except for the cities of republican significance/regional centers- taking into account the place of sale and the place of registration of the entrepreneur.

When implementing projects according to the list of priority sectors of the economy* in settlements, including mono- and small towns, rural settlements, with the exception of cities of republican significance/ regional centers, without consideration of the place of entrepreneur’s registration.

Maximum loan amount

  • Not more than 3 billion KZT;
  • Not exceeding KZT 1.5 bln for projects in settlements, including mono- and small towns, rural settlements, with the exception of cities of republican significance/regional centers;
  • Not exceeding KZT 3.0 bln for the projects according to the list of priority sectors of the economy* in settlements, including mono- and small towns, rural settlements, with the exception of cities of republican significance/ regional centers.

Subsidy amount

  • the basic rate of NBRK + 5%, of which 13,00% is subsidized by the state, and the difference is paid by the entrepreneur.
  • NBRK base rate +5%, of which 14,00% is subsidized by the state, and the difference is paid by the entrepreneur – for entrepreneurs with projects in the manufacturing industries, according to the List 1**, and implementing projects in the city of Shymkent, and within Turkestan, Mangistau, Atyrau, Aktobe, West Kazakhstan, Kyzylorda and Zhambyl regions, including in the regional centers of these areas. 

Loan term

  • Investments – 5 (five) years without the right to prolong the subsidy period;
  • Replenishment of working capital – three years without the right to prolong the subsidy period.

Refinancing

Loans with a term not exceeding 2 years from the date of issue of the first loan

An entrepreneur can receive comprehensive support within the framework of all Program instruments.

The guarantee covers first-time entrepreneurs, entrepreneurs implementing, and (or) planning to implement their projects in priority sectors of the economy.



Conditions of loan guarantee within the framework of the National Entrepreneurship Development Project for 2021-2025

Maximum guarantee amount

Up to 85% of the loan

Maximum loan amount

1 billion KZT

Maximum guarantee period

no longer than the loan term

Own participation in the project under loans over 500 million KZT

at a level not lower than 10% of the total cost of the project implementation of own funds (money, movable/immovable property), including the property of third parties.

For more information, visit the website of JSC "Damu" Entrepreneurship Development Fund" https://damu.kz/programmi/