By Abdul Kerimkhanov The European Bank for Reconstruction and Development (EBRD) will provide a $1 million for the development of small businesses in Tajikistan, the press service of the EBRD reports. The funds will be directed to the regions where there is a shortage of banking services. "We are pleased to start the year with a project to support both the financial sector and small and medium enterprises, equally important for the economic growth and development of the country. I hope that during the year we will develop many useful and interesting projects in various sectors of the economy," said the head of EBRD representative office in Tajikistan Aytan Rustamova. The EBRD added that, to date, the Bank has invested in over 120 economic projects in Tajikistan. In total, Tajikistan received from the EBRD 600 million euros. At the same time, 32 percent of the allocated funds were used to support the financial sector and entrepreneurship. EBRD in Tajikistan focuses on stabilising and … [Read more...] about EBRD will give $1million for small businesses development in Tajikistan
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Brought to you by Call 0800 975 0088 to book a test drive While there was some good financial news, the Government’s credentials on encouraging more environmentally-friendly roads are looking less convincing Despite the otherwise trying times, the Budget was not all bad news for the UK’s small businesses, with a few welcome breaks for a sector that forms the backbone of the economy. Meeting the rents Businesses with a rateable value of £51,000 and below can look forward to seeing their bill cut by up to a third over the next two years. The Chancellor, Philip Hammond, says this will save up to £8,000 a year for up to 90pc of independent retailers. Meanwhile, the personal tax allowance will be raised to £12,500 for basic-rate taxpayers and £50,000 for higher-rate taxpayers in 2019, a year earlier than planned. Renewed efforts on high streets The £675m of co-funding for councils should invigorate high streets by converting commercial … [Read more...] about What does this year’s Budget mean for small business?
Seventy-three per cent of Irish businesses in PwC’s recent European Private Business Survey expect their business will grow in the next 12 months. This is a level of optimism that outstrips the European average. While economic growth remains strong nationally, there is somewhat of an imbalance between regional Ireland and the larger cities. PwC tax partner Mairead Connolly believes there are a number of steps which Minister for Finance Paschal Donohue could take in the forthcoming budget which would provide much needed stimulus to the regions. “Growth has been very strong, but the regions are probably not feeling the effects to the same extent as the large urban areas,” she says. “I would like to see the Budget improve the situation for entrepreneurs and SMEs throughout the country.” This would be particularly important for the regions, she points out. “A strong indigenous enterprise ecosystem is really important outside larger cities, where FDI … [Read more...] about More could be done to support entrepreneurs and small business growth
Staff reporters 21:36, August 28 2018 STUFF Businesses around NZ react to Prime Minister's Business Advisory Council announcement Small businesses have little faith in the Government's new Business Advisory Council as it tries to win the confidence of business. Bryn Thompson of Metalcraft Engineering runs a metal fabrication company employing 24 staff in Christchurch. He said the new business council would do "zero" for business confidence. "A concern is that it could become a big business advisory council, especially when you put someone like Christopher Luxon in charge." READ MORE:Air NZ boss to lead newly launched Prime Minister's Business Advisory CouncilThe Business Advisory Council is a waste of time; or is it a belated masterstroke?Business advisory council members will be key to its success Prime Minister Jacinda Ardern said the council would be chaired by Air New Zealand's chief executive Luxon, aiming to build … [Read more...] about Small businesses react to PM’s new business advisory council
Manufacturing Technology Centre (MTC) has announced its sponsorship of the Small Business of the Year gong at this year’s Coventry Telegraph Business Awards. This is in addition to the Independent Research & Technology Organisation (RTO) being a headline sponsor of this year’s ceremony which is taking place at the Ricoh Arena on September 25. The Small Business of the Year award is open to companies who employ no more than 75 staff members and have a proven track record of success in their business. It is one of 14 awards which are up for grabs and will be revealed on the night. The winners of each category are selected by judges from the category sponsor, who are currently selecting the shortlisted entrants. Manufacturing Technology Centre (MTC) provides innovative manufacturing processes and technologies to support a whole host of industries – with many small businesses benefiting from their input. MTC CEO Clive Hickman said: “The MTC Business Launch … [Read more...] about MTC sponsors Small Business of the Year at Coventry Telegraph Business Awards