The subject of the research is the tools of subregional development that are implemented in the Lipetsk region and ensuring its investment potential. The purpose of the work is to show the practical importance of sub-regional development for ensuring high rates of economic growth in the conditions of digitalization of the economy. The following tasks are solved: determined the factors of economic growth in conditions of digitalization of the economy; suggested a classification of the forms of subregional development; presented a system of subregional instruments implemented in the Lipetsk region; analyzed the functioning of special economic zones, clusters and private industrial parks. It is proposed to consider sub-regional systems as a set of objects of various activities of municipalities located on the territory of a particular subject of the Federation with the joint use of total territorial resources both to maximize the overall effect of these objects, and to achieve the private interests of each participant in the sub-regional system, ordered in a certain way. This approach makes it possible to create a multi-level system of regional development tools aimed at ensuring economic growth through the most optimal use of territorial resources. Building a three-level sub-regional system allows the region to expand the "funnel" of attracted investments, form "growth points", and improve the economic and social impact of projects implemented in a particular territory.
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