Public Support for Small and Medium-Sized Business in the Regions of the Russian Federation

Abstract

The article considers the measures of State support of small and medium entrepreneurship (SME) in particular regions of the Russian Federation. For reference we selected the Republic of Tatarstan, Amur oblast, Kamchatka Krai. Examination of these regions make it possible to compare the development of small and middle-sized business entities in different geographic regions and administrative districts of Russia. Development of small and medium-sized business (SMB) currently seems relevant for Russian regions. Small and mediumsized business put significant contribution into the regional economics, gross territorial product and the budget of the region. Those entities provide advanced competitive environment and improve the quality of goods and services. Besides, small and middle-sized business increases the number of jobs created and partially address the issue of unemployment. In this regard studying the experience of different regions of the Russian Federation in creating favorable conditions and support for small and medium-sized entrepreneurship seem appropriate. The impact of state support measures for SME is also analyzed in the article. This analysis is based on the comparison of the state support measures for SME under implementation and the level of small and mediumsized businesses development in the regions covered. The analysis resulted in the conclusion about key results and perspectives of SME development in Russia and identification of critical issues hampering it.