Penza, 3 October 2011. PenzaNews. Young businessmen of Penza can apply for 300 thousand rubles grants since Monday, October, 3rd. The department of the development of business of the Penza region will accept documents packs for participation in competitive selection of business projects till November, 1st.

Sergey Kapralov, the deputy head of the department of the development of busines said: "This year we accepted documents for the second time. 625 businessmen took part in the first competition. This time we expect even more participants. This kind of the government support is very popular among youth".

Sergey Kapralov said: "Many graduates of educational institutions applied for grants, young men want to try themselves in business, but it is not enough for the starting capital. The commission studied these startups carefully and the most of the projects of youth are well prepared, there are very interesting, perspective and socially important business ideas, such as manufacture of building materials from wood, organization of hothouse enterprise and vegetable storehouses".

He also said that young businessmen who registered their business less then one year ago can take part in the competition. Only the most perspective and well prepared business projects of manufacturing and processing of agricultural products and rendering services can get the government support in the Penza region.