Over 600 small and medium-sized enterprise projects in Almaty received financial backing under various governmental programs.
In 2020, nearly 600 small and medium-sized businesses in Almaty received a helping hand, thanks to state programs like "Enbek", "Roadmap for Business - 2025", and local initiatives. Entrepreneurs like Yuldas Itmametov and Rahima Nurtayeva happily took advantage of these programs and secured preferential financing with minimal interest rates.
Feeling the growth of his pet store network, Yuldas Itmametov decided to expand, leveraging state support for his new business venture. The "Roadmap for Business - 2025" program provided him with a 20 million tenge loan, divided equally between investments and working capital.
Rahima Nurtayeva, an experienced seamstress, finally made her dream of owning a sewing atelier a reality, receiving a 10 million tenge loan through the Fund for Financial Support of Agricultural Enterprises. With her new sewing machines, she and her skilled artisan team create handmade women's headwear and ethnic-style costumes. At reasonably affordable prices, her unique pieces have been gaining traction in Almaty.
To pursue her business dreams, Rahima underwent a weekly course at the "Damu" fund, registered on the "Enbek" portal, and drafted a business plan. With her niece's support, they were approved for a subsidy.
Entrepreneurship is on the rise in Almaty, thanks to initiatives like "Roadmap for Business - 2025" and "Enbek". Aseem Makasheva, head of the city's Department of Entrepreneurship and Investments, explained that the maximum amount for the "Enbek" program is 8,000 MCI for Almaty, and this year they've been working with the Fund for Financial Support of Agricultural Business as well.
Almaty offers more than just business support through its regional programs like "Almaty Business" and "Almaty Business - 2025". These projects provide entrepreneurs with preferential financing or subsidized interest rates within their framework.
To learn more about these programs and the specific details they offer, it's best to reach out to local government or business development agencies in Almaty directly. It seems the city's economy is booming, with platforms like Solva and Kaspi.kz Joint Stock Company thriving, making Almaty's business scene a promising one.
Yuldas Itmametov, having witnessed the growth of his small-business pet store network, seized the opportunity to expand with the support of state programs like "Roadmap for Business - 2025", securing a 20 million tenge loan for his new venture. Rahima Nurtayeva, a skilled seamstress, successfully accessed funding from the Fund for Financial Support of Agricultural Enterprises to open her small-business sewing atelier.
