LPR ministry to open business support center this year

The Lugansk People’s Republic Economic Development Ministry plans to open a business support center in the Republic by yearend, the head of the Ministry said at a business lunch with entrepreneurs.

 

In the course of the meeting, LPR Economic Development Minister Svetlana Podlipayeva and business people discussed ways to develop entrepreneurship.

 

“We plan to launch a house of entrepreneurs by the end of this year to host regular meetings and provide support to small businesses and business ideas,” the minister said noting the importance of joint efforts of the state and business.

 

A number of issues were settled thanks to direct dialogue with government officials. “Business people initiated many decisions made by the authorities,” Podlipayeva said.

 

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“My Business” centers bring together the infrastructure for small- and medium business support, provide access to services in various fields including information and financial assistance, and aid businesses focused on innovations, modernization projects and exports of goods, works and services.

 

Russia has opened more than 400 such centers in its territory since 2019. *i*ie