SMALL AND MEDIUM-SIZED ENTREPRENEURSHIP IN MUNICIPAL STRATEGIES OF SOCIO-ECONOMIC DEVELOPMENT

Abstract

The development of small and medium-sized entrepreneurship (SME) today is regulated with a set of legislative and other legal acts. This process takes place among the most important priorities in the development of municipalities. SME provides replenishment of local budgets, contributes to the development of competitive environment and to the saturation of local market with vital goods and services and as well plays a role of the most important sour ce of j ob s . I n the f r a mework of s tr ateg ic pla n n i n g, mu n icipa l u n it s elabo -rate programs of entrepreneurship development. However, the lack of own financial resources for the realization of SME development programs leads to the fact that the bulk of municipal financial support for this sector is realized at the expense of subsidies, provided both by federal and regional budgets. The paper di scus ses institutiona l for m s of suppor t for SME and analyzes thei r contents and targets.