Problems of Financial Support of SME Development in the Russian Federation

Abstract

The article examines issues of financial support mechanisms for the small and medium-sized business sector in Russia at the level of the entire country and at the level of federal subjects. Special attention is paid to the system of state bodies dealing with the financial development of small businesses in the Russian Federation, including from the organizational and legal point of view. Based on the survey, information about the problems of financial support for SMEs was structured and described. This is important not only for the development of SMEs in general, but also for the development of the country’s labor market. The authors focus on the need to support and bring to a new development level of the country’s economic sector, as well as the development of anti-crisis measures, promoting the growth of the market sector, which determines special attention to issues of SME development support, taking into account the foreign experience.