SMEs under Anti-Russian Sanctions: Results of the First Half of the Year and Possible Support Measures

Ksenia V. Demidova – Junior Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Trends in the sector of small and medium-sized enterprises (SMEs) from January to June 2022, as well as established mechanisms of state support in the context of anti-Russian sanctions are analyzed. The foreign experience of supporting technological entrepreneurship in the conditions of sanctions is considered. It is shown that during the period under consideration there have not yet been significant negative changes in the sector, although the number of SMEs is already beginning to decline in comparison with similar periods of previous years.

The consequences will be more noticeable the next year, as the effects of the sanctions restrictions in terms of supplies, equipment, financing, etc. will begin to appear. The support measures that exist at the moment are rather operational and the most complete and substantial assistance is provided to the IT sphere, while the general support is limited mainly to administrative measures, although for SMEs is represented by a broader set of formats. The article was written on the basis of the RANEPA state assignment research programme.

The article was written on the basis of the RANEPA state assignment research programme.

Key words: SMEs, sanctions, support measures, economy.

JEL-codes: M21, O12, O18, O25.