Development of Small and Medium-Sized Business in the Arkhangelsk Oblast

• Published in: Arctic and North
• Main Authors: Kseniya I. Sergeeva, Kseniya A. Mironenko
• Format: Article in Journal/Newspaper
• Language: English; Russian
• Published: Northern Arctic Federal University 2022
• Subjects: small and medium-sized business; gross domestic product; entity; microloan; rate; tax; Social Sciences; H; Arkhangelsk; Arkhangelsk Oblast
• Online Access: https://doi.org/10.37482/issn2221-2698.2022.48.44; https://doaj.org/article/7998c5b9c2194192900e6f6b028c25fa

The article examines the dynamics of the number of small and medium-sized businesses in the Arkhangelsk Oblast from 2017 to 2021. The main reason for the sharp decrease in the number of subjects in 2020 is determined. The most vulnerable and affected areas of small and medium-sized businesses are listed. The measures of support for these areas of entrepreneurship at the federal level are reviewed. The measures taken by the Arkhangelsk regional government to regulate the situation are studied. The specific organizations that give support directly in the territory of the Arkhangelsk Oblast are given. The reasons why it is necessary to support and develop small and medium business in the Arkhangelsk economy are given. The methods used in this paper are an analysis of the number of small and medium-sized enterprises, drawing conclusions about the economic situation in the Oblast on the basis of this analysis, and researching support measures. This article might be useful for entrepreneurs in the Arkhangelsk Oblast to study the support measures. The information described in the article could be useful for scientific research, for statistics and analysis of small and medium business in the Arkhangelsk Oblast.