Investment portal of leningrad region

The region supports import substitution projects

20-07-2022

Thanks to the Quick Start program, new import-substituting enterprises are able to compensate up to 50% of the cost of renting production premises from the budget.

The Quick Start program includes a set of two support measures: a subsidy for reimbursement of part of the cost of paying rent for premises and a preferential rent - 1 ruble - for newly concluded land lease agreements when they are leased without bidding. The conditions for receiving support measures are determined by the decrees of the government of the Leningrad Region No. 389 and No. 436.

“The Quick Start program allows you to create import-substituting production “here and now” with the support of the region. Up to 50% of the cost of renting industrial premises can be compensated from the budget. Such a support measure will help, first of all, small and medium businesses to quickly start producing the necessary products,” said Dmitry Yalov, Deputy Chairman of the Government of the Leningrad Region, Chairman of the Committee for Economic Development and Investment Activities.

Subsidies for reimbursement of part of the cost of paying rent for premises, buildings or structures for the implementation of investment projects for the production of import-substituting products are provided for no more than six months in 2022 under contracts concluded from January 1 to July 1, 2022. The leased production area must be at least 500 square meters.

A new support measure has also been introduced with the establishment of a preferential rent for newly concluded land lease agreements when they are leased without bidding for companies registered in the Leningrad Region. These criteria are suitable for investment projects with a planned investment of more than 200 million rubles, for remote areas - from 30 million rubles. The preferential rent is fixed for one year.

The list of products and industries for import substitution is determined by the relevant orders of the Ministry of Industry and Trade of the Russian Federation and decrees of the Government of the Leningrad Region.

Among the industries for which the import substitution action plan has been approved are the automotive, light industry, timber industry, machine building for the food and processing industries, the medical and pharmaceutical industries, shipbuilding and others - there are only 24 industries.

Support for investment projects as a "single window" of the regional administration is carried out by the Economic Development Agency of the Leningrad Region. The agency's specialists assist in the selection of industrial sites and advise on support measures for business.

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