Dmitry Medvedev signed a decree according to which provinces and regions will receive from the Federal center additional funds to support small businesses.

A project of this order was prepared in the bowels of the Ministry of education and science of the Russian Federation. The purpose of the assignment is to co – Finance expenditure commitments associated with the implementation of measures to promote the development of youth entrepreneurship.

The money allocated under the state program “Economic development and innovative economy”. The largest amount will receive the Krasnodar Krai, Republic of Bashkortostan and the Rostov region. Overall, the government allocates funds for 229.5 million rubles. However, these will not get money donor regions: the funds will be distributed among the budgets of the 53 subjects of the Federation.

The money is provided according to the result of Youth competitive selection of subjects of Federation in the framework of the subprogram “Development of small and medium entrepreneurship” state program “Economic development and innovative economy”.

Part of the allocation regions of the money will go to hold a regional stage of all-Russian contest “Young entrepreneur of Russia”, educational courses among high school students, as well as training young enterprising Russians under 30 years of business management skills.