01 Sept 2026 | 13:06

A new program to support regional business projects in the meat and dairy industry has been launched in Belarus

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Trybuna Pratsy, July 22, 2026, 15:48

Banks, the Development Bank, and the Belarusian Fund for Financial Support of Entrepreneurs, on the initiative of the government, have launched a credit program for businesses called "New Products" under the brand "Regional Initiative", the press service of the Ministry of Economy told BELTA.

The credit product is aimed at supporting investment projects of commercial organizations implemented outside Minsk, in two areas. In the meat industry — the creation of feed production facilities and products for specialized and therapeutic and preventive nutrition. In the dairy industry — the production of products based on deep processing of dairy raw materials: condensed milk products, cheddar cheese, baby food according to GMP standards, and dry dairy products for supply to countries of the far arc.

The amount is up to 150 million rubles. The rate is 6.5% per annum (for 7 years), then the refinancing rate plus 3 percentage points. The term is up to 15 years.

More detailed information about the credit product is available on the online platform of the Belarusian Fund for Financial Support of Entrepreneurs, on the websites and at the branches of participating banks (JSC ASB Belarusbank, JSC Belagroprombank, JSC Belinvestbank) and JSC Development Bank of the Republic of Belarus.

As reported, under the common umbrella brand "Regional Initiative" there are credit programs designed to support relevant business ideas that correspond to the key priorities of the program for the socio-economic development of Belarus for 2026-2030. Earlier, credit programs "Tourism Potential", "Strong Regions", and "Technological Self-Sufficiency" were launched.

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