Crimea and Sevastopol will receive 350 million for preferential microloans for business

The Russian government has allocated 350 million rubles from the reserve fund to support small and medium-sized businesses in the Republic of Crimea and Sevastopol. This was reported by the press service of the government.

Federal funds will be used to capitalize state microfinance organizations. These structures provide entrepreneurs with preferential microloans.

According to the government, the decision will additionally support at least 70 entrepreneurs working on the Crimean Peninsula. The measure is provided in the framework of the state program "Economic development and innovative economy".

The allocation of 350 million rubles continues a series of measures to support small and medium-sized businesses in Crimea. Preferential microfinance remains one of the most popular tools. In 2026, Crimean entrepreneurs issued more than 200 microloans for a total amount of more than 500 million rubles.

On October 1, 2026, a new microcredit Generator was launched in Crimea for businesses that need autonomous power supplies. The program was developed by the Microfinance Fund: interest rates range from 1% to 14% per annum, the financing period from six months to two and a half years.

In addition, the region discussed the extension of credit holidays for SMEs from six to eighteen months. This would allow seasonal businesses to regain creditworthiness after a full cycle.

In an emergency, the most demanded measure was deferral of loans. The Crimean Guarantee Fund issued guarantees for bank loans and opened access to the programs of the SME Corporation - thanks to this, entrepreneurs attracted more than 900 million rubles.