A project from Sevastopol will get 700 million roubles as a result of winning the federal contest

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A factory from Sevastopol has become the winner of autumn project selection of the federal contest for the annual Sustainable Development of Regions social award. Thus, by the decision of the Guardianship Board of the contest, OOO “Fish-canning industrial complex “Aquamarine” will get funds for the implementation of the project for modernization, rebuilding and extension of the operative Sevastopol fish factory. The initial cost of the business ventures is more than 700 million roubles.

Let us recall that  the alignment workshop has taken place in Sevastopol in October, which was related to the implementation of investment public ownership projects on the base of project financing. The purpose of the Sustainable Development of Regions contest is searching, selection and supporting for business ideas related to new venture modernization and organization.

In addition to the funding, the basic advantages are long loan term, a low rate of interest, grace period availability and simultaneous rendering of different forms of state aid, both of federal and of regional importance.

 

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