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Implementation of the Strategy for Development of the Small and Mid-Sized Businesses in Russia

Vera Barinova – Head of the Centre for Entrepreneurship Studies, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration; Head of the Centre for Small and Medium Entrepreneurship, Russian Foreign Trade Academy of the Ministry for the Economic Development of the Russian Federation, Candidate of Economic Sciences. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Stepan Zemtsov – Senior Research fellow of the Centre for Entrepreneurship Studies, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration; Senior Research fellow of the Innovation Economy Laboratory of the Gaidar Institute, Candidate of Geographic Sciences. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Vladimir Kotsubinsky – Senior Research fellow of the Centre for Small and Medium Entrepreneurship, Russian Foreign Trade Academy of the Ministry for the Economic Development of the Russian Federation; Senior Research fellow of the Regional Strategies Center, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Aleksander Krasnoselskih – Research fellow of the Centre for Small and Medium Entrepreneurship, Russian Foreign Trade Academy of the Ministry for the Economic Development of the Russian Federation; Junior Research fellow of the Centre for Entrepreneurship Studies, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Yulia Tsareva – Research fellow of the Centre for Entrepreneurship Studies, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration; Junior Research fellow of the Centre for Small and Medium Entrepreneurship, Russian Foreign Trade Academy of the Ministry for the Economic Development of the Russian Federation. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The plan of measures under the Strategy for Development of the Small and Mid-Sized Businesses was developed for the period of 2016–2017, so it is feasible now to sum up its results. Generally, 82% of the planned measures have been implemented, a high indicator for strategic documents. However, most of the implemented measures are of a formal nature. It is to be noted that only four out of ten target indicators have been achieved with no statistical data being available in respect of other three target indicators.

Key words: small and medium enterprises, SMEs, SP, public support, entrepreneurship support, support measures, SME Strategy.