“Business Roadmap 2025” State Program for Entrepreneurs Support

“Business Roadmap 2025” State Program for Entrepreneurs Support

Approved by the Decree of the Government of the Republic of Kazakhstan dated December 24, 2019 No. 968

Damu Entrepreneurship Development Fund, a subsidiary of Baiterek Holding, implements the Business Roadmap-2025 State Program. The Fund provides support to businesses by subsidizing interest rates on loans/concludes financial leasing agreements/issues guarantees for microcredits received from second-tier banks, the development bank, leasing companies, or microfinance organizations. The Fund also issues partial guarantees for loans and microcredits received in second-tier banks, the development bank, or microfinance organizations. The Fund operates in the following areas:

  1. support for micro and small businesses;
  2. sectoral support for entrepreneurs and subjects of industrial and innovative activities.

Passport of the programme

Name State program for business support and development " business Road map-2025"
The basis for the development of Decree President of the Republic of Kazakhstan No. 772 dated October 12, 2018 "on measures to implement The President's Address to the people of Kazakhstan dated October 5, 2018" Increasing the well-being of Kazakhstanis: increasing income and quality of life"
The state body responsible for the development of the Program Ministry of national economy of the Republic of Kazakhstan
Government agencies and organizations responsible for implementing the Program Central and local Executive bodies, quasi-public sector entities
Programme objective Ensuring sustainable and balanced growth of regional entrepreneurship, as well as maintaining existing and creating new permanent jobs
Tasks
  1. To make financing more available for micro and small businesses.
  2. To increase the amount of products of the manufacturing industry.
  3. To create new competitive industries.
  4. To provide information and analytical support to entrepreneurs.
  5. To increase the competence of entrepreneurs.
  6. To expand business ties.

Term of realization 2020 – 2024
Target indicator By completing the tasks set in the Program, the following targets will be achieved by 2025:
  1. Bringing the share of SMEs in GDP to at least 33.8 %.
  2. Increase in tax revenues from Program participants by 2 times from the level of 2017.
  3. Creation of new 30 thousand jobs by the Program participants.
  4. Bringing the share of manufacturing in the GDP structure to at least 13.4 %.
  5. Bringing the share of medium-sized businesses in the economy to at least 13.7 %.

Sources and amounts of funding Budget funds in the amount of 457 435 631 thousand tenge will be allocated for the implementation of the Program in 2020-2024:
  1. funds from the national budget:
    2020 – 87 590 689 thousand tenge;
    2021 – 50 319 755 thousand tenge;
    2022 – 47 394 521 thousand tenge;
    2023 – 41 016 973 thousand tenge;
    2024 – 33 613 693 thousand tenge;
  2. funds from the local budget:
    2020 – 39 500 000 thousand tenge;
    2021 – 39 500 000 thousand tenge;
    2022 – 39 500 000 thousand tenge;
    2023 – 39 500 000 thousand tenge;
    2024 – 39 500 000 thousand tenge.


The program implementation


You will find the information on the Business Roadmap-2025 State Business Support and Development Program implementation on the website of the Damu Entrepreneurship Development Fund by following this link.


Documents

  • Decree #968 of the Government of the Republic of Kazakhstan dated December 24, 2019 “On approval of the Business Roadmap-2025 State Business Support and Development Program.”

  • Resolution #1060 of the Government of the Republic of Kazakhstan dated December 31, 2019 “On some measures of state support for private entrepreneurship.”

  • Certificate on the implementation of the State Program for Support and Development of Business "Business Roadmap 2020" as of 01.01.2020

  • Certificate on the implementation of the State Program for Support and Development of Business "Business Roadmap 2020" as of 01.04.2020

  • DKB 2025 monthly report as of 01.01.2021

  • DKB 2025 monthly report as of 01.04.2021

  • DKB 2025 monthly report as of 01.07.2021

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