Subject. This article explores the impact of the COVID-19 pandemic on small and medium-sized businesses' activities. Objectives. The article aims to analyze the measures of regional and federal support for small and medium-sized businesses carried out in St. Petersburg. Methods. For the study, I used general research methods. Results. Considering the problem of survival of small and medium-sized businesses in St. Petersburg in the economic crisis, the article assesses the measures of State aid for economic actors. Conclusions. Despite certain effective measures of public support, the restrictions imposed do not guarantee successful overcoming of the occurred economic recession by small and medium-sized businesses. The most effective options are public selective or pin-point support efforts for small and medium-sized businesses and the variability of restrictive measures.

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