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Forms and kinds of state financial support for small business at the regional level

https://doi.org/10.26425/1816-4277-2025-8-202-214

Abstract

The issues of state financial support for domestic small and medium-sized enterprises (hereinafter referred to as SMEs) have been studied. These enterprises have the ability to flexibly adapt to the conditions of both the internal and external environment. The distinctive features of SMEs are their openness to managerial, technological, and marketing innovations, their ability to respond promptly to market demand, and develop new business lines. SMEs have other advantages of responding flexibly to a changing business environment. The forms and methods of state support for SMEs at the regional level have been considered. It has been noted that at the present stage of the Russian economy development, one of the characteristic features of the country’s economic space is noticeable imbalances in the regional social and economic development, especially between the western and eastern constituent entities. The analysis shows that the implementation of the considered forms and types of financial state support requires large amounts of budget funds to support SMEs. Wider use of various forms of non-financial support is advisable. To stimulate the activities of regional SMEs, it is necessary to create a favorable environment for entrepreneurship and implement a set of institutional support measures.

About the Authors

N. V. Karmanova
Reshetnev Siberian State University of Science and Technology
Russian Federation

Nadezhda V. Karmanova, Graduate Student

Krasnoyarsk



N. T. Avramchikova
Reshetnev Siberian State University of Science and Technology
Russian Federation

Nadezhda T. Avramchikova, Dr. Sci. (Econ.), Prof. at the Accounting, Finance and Economic Security Department

Krasnoyarsk



I. P. Rozhnov
Siberian Federal University
Russian Federation

Ivan P. Rozhnov, Cand. Sci. (Engr.), Assoc. Prof. at the Digital Management Technology Department

Krasnoyarsk



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Review

For citations:


Karmanova N.V., Avramchikova N.T., Rozhnov I.P. Forms and kinds of state financial support for small business at the regional level. Vestnik Universiteta. 2025;(8):202-214. (In Russ.) https://doi.org/10.26425/1816-4277-2025-8-202-214

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ISSN 1816-4277 (Print)
ISSN 2686-8415 (Online)