State aid enables us to deliver focused assistance to businesses, according to Murat Dudaryev.
Over the past decade, the Krasnodar Territory has witnessed a surge in its small and medium-sized business (SMB) sector, with significant contributions from both private entrepreneurship and targeted state support programs.
Key Achievements in SMB Growth
The number of registered SMBs in Krasnodar has steadily risen, reflecting a vibrant entrepreneurial ecosystem. This growth has been notable in sectors such as agriculture, food processing, tourism, trade, and services. The region has successfully diversified its SMB sector beyond traditional industries, with more enterprises in IT, manufacturing, and creative industries emerging, contributing to economic stability.
SMBs have become a major source of employment, creating tens of thousands of new jobs, which reduces unemployment and supports the regional economy. Some SMBs in Krasnodar have expanded their markets beyond Russia, contributing to the region's export potential, particularly in agricultural products and food processing. There has also been an increase in the adoption of modern technologies, digital tools, and innovative production methods among SMBs, improving competitiveness.
Role of State Support
The regional government, in coordination with federal programs, has provided grants, subsidized loans, and guarantees to reduce financial barriers for SMBs, particularly start-ups and those expanding their operations. Development of business incubators, technology parks, and industrial parks in Krasnodar has offered SMBs access to resources, expert consultations, and collaborative opportunities.
Efforts to reduce bureaucratic hurdles include improved licensing processes, online registration, and tax incentives, making it easier to start and operate SMBs. State-supported educational programs and consulting centers have helped entrepreneurs improve management skills, marketing, and technology use. State programs have also helped SMBs enter foreign markets through participation in trade fairs and export training.
Special attention has been given to developing agriculture and food processing, tourism, and IT, which are key to the Krasnodar economy.
The Impact of State Support
On the "Details" program, Anton Ryazantsev, director of the construction company "Domai Yuга", and Vladislav Chuprina, the first deputy executive director of the Krasnodar Territory Microfinancing Fund for Small and Medium Entrepreneurship, discussed the role of state support in the continuous growth of SMEs in the Krasnodar Territory. The improvement in the economic landscape of the Krasnodar Territory due to state support for entrepreneurs was analysed.
Murat Dudarev, an expert at the State Duma Committee on Small and Medium Entrepreneurship, also featured on the "Details" program, highlighting the growth of state support for entrepreneurs in the region as a significant factor in the increase of SMEs. The growth of state support for entrepreneurs over the past decade was emphasized, and the focus was on the impact of state support measures on the number of SMEs in the Krasnodar Territory.
As of the latest update, there are over 304,000 small and medium-sized businesses registered in the Kuban region. This is the highest annual figure for SMBs in the Krasnodar Territory since records began in 2016, and the number of SMBs in the region is currently growing. On "Details", the discussion centered around the effects of state support on the economic growth of the Krasnodar Territory.
The Federal Tax Service has updated the Unified Register of SMEs in the Krasnodar Territory, reflecting the continuous growth of the sector. The impact of these measures on the overall economic growth of the Krasnodar Territory was discussed, with the conclusion that the synergy between entrepreneurial activity and proactive state support has fostered a robust SMB sector in the Krasnodar Territory over the last 10 years, contributing significantly to the region’s economic growth and social development.
- The state support initiatives have played a significant role in the growth of small-businesses in the manufacturing, IT, and creative industries within the Krasnodar Territory, diversifying the business sector and contributing to economic stability.
- With the help of state subsidies and grants, small-businesses in the Krasnodar Territory have been able to overcome financial barriers, particularly start-ups and those expanding their operations.
- The success of small-businesses in the Krasnodar Territory, including those in the agriculture, food processing, and tourism sectors, has led to a decrease in unemployment and an increase in export potential, particularly in agricultural products and food processing.
