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THE MINISTRY FOR ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
The SME Support Measures
in Russia
SMEs Criteria
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
The Federal Law
«On Development of Small and Medium
Entrepreneurship in the Russian Federation»
Micro Enterprises
up to 15
employees
annual turnover
up to $ 2,1 mln
Small Enterprises
16-100
employees
annual turnover
up to $ 14 mln
Medium Enterprises
101 – 250
employees
annual turnover
up to $ 35 mln
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The SME Sector Main Indicators
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
1,7 mln micro, small and medium enterprises and
4,1 mln private entrepreneurs
17 mln employed in the SME sector
25% of total employment (2010)
21% - share of SMEs in Russia’ GDP
3,2% - the SME sector growth in 2010
Main problems: √ Administrative burdens
√ Expensive credits
√ Decreasing of number of SMEs in monotowns
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
Reduction of
Administrative
Burdens
The Finance Support
Program under the
Ministry for Economic
Development of Russia
The Finance Support
Program under the
Government
Corporation
«Vnesheconombank»
Access to
Government
Procurements
SMEs
Finance & Credit
Access
Easing Taxation
Access to Real
Estate Assets
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
Administrative Regulation Measures
 Start-up of business with a simple
notification procedure
 Any inspection is fulfilled one time in three
years
 Number of licenses for SMEs has been
decreasing
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
The Government Procurements
 20% quota is reserved for SMEs
 Guarantee deposit is reduced
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
Access to Real Estate Assets
 The privatization program for SMEs
 Specialized list of public real estate assets in
state and city levels exists for SMEs
 Special benefits to innovative SMEs founded
by Universities
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
Taxation
 5% tax on income or 6% tax on turnover
 Single tax for trade and personal services
SMEs
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
The Finance Support Program under the Ministry
for Economic Development of Russia






Grants for start-up
Guarantee Funds
Microfinance Organizations
Leasing
Export-oriented SMEs
Infrastructure (business incubators, industrial parks,
tech-parks)
 Trainings
 Annually above 100 000 new jobs
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
Guarantee Funds
 80 entities at all in Russia
 70% max. loan guarantee
 300 bank – partners
 $ 13 mln – max. loan
 $ 10 mln – max. guarantee
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
Microfinance Organizations
 67 microloan offices in Russia
 16 000 microloans for SMEs
 $ 17 500 average loan
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
Support of Innovative SMEs
 $ 17 000 grant
 $ 170 000 subsidy for new equipment, know-how and
training
 Up to $ 2 mln subsidies from venture funds e.g. the
Russian Venture Company, Rosnano
 about 1000 innovative SMEs are set up by
Universities in Russia
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
Support of Export-oriented SMEs
 $ 34 000 grant
 Loan subsidies
 Subsidies for exhibition activity
 Export Support and Consulting Centers in the Russian
regions
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SME Support Measures
THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
The Finance Support Program under the
Government Corporation «Vnesheconombank»
Bank-partners (91)
GC
«Vnesheconombank»
$1,3 bln
Russian
Development
Bank
SME
SME
Leasing companies (67)
SME
Factoring companies (8)
Microfinance organizations (18)
SME
$ 3,5 bln program fund
in 82 Russian regions
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THE MINISTRY OF ECONOMIC DEVELOPMENT
OF THE RUSSIAN FEDERATION
Thank You for Attention!
• The Ministry for Economic Development of the Russian
Federation
• The SME Development Department
• tel: +7-495-695-53-05
• fax: +7-495-695-51-76
• Web: www.economy.gov.ru