Basic implementation tools

Subsidizing part of the remuneration rate:

According to the state program, the state subsidizes part of the interest rate on loans for which the nominal rate does not exceed the base interest rate established by the National Bank of Kazakhstan and increased by 5 percentage points.
That is, today the base rate is .9% + 5% = 14% the final rate that an entrepreneur must pay, from which, depending on the direction of the program, is subsidized:

• up to 40% in the second direction (industry support for entrepreneurs operating in priority sectors of the economy and manufacturing industries) the rate on the entrepreneur will be equal to 8.4% instead of 14%;
• up to 30% in the third direction (reduction of foreign exchange risks of entrepreneurs), the rate on the entrepreneur will be 9.8% instead of 14%

Loan guarantee

The guarantee is provided only for new loans issued for the implementation of new effective investment projects, as well as projects aimed at modernization and expansion of production.
The amount of the guarantee is:
As part of the second direction, entrepreneurs implementing their activities in priority sectors of the economy:

• no more than 85% of the loan amount up to 20 million tenge for start-up entrepreneurs;
• no more than 50% of the loan amount up to 360 million tenge for existing entrepreneurs

The term of the guarantee provided is not more than the term of the loan.

Government

State grants for the implementation of new business ideas are provided to small businesses, including aspiring young entrepreneurs, aspiring entrepreneurs, women, the disabled and persons over 50 years of age, free of charge in priority sectors of the economy under the program, and manufacturing industries and certain types of services defined by the State Program of Industrial and Innovative Development. The maximum amount of a state grant for one small business entity for the implementation of new business ideas cannot exceed 3 million tenge.