the ministry for economic development of the russian federation the sme support measures in russia

THE MINISTRY FOR ECONOMIC THE MINISTRY FOR ECONOMIC DEVELOPMENT DEVELOPMENT

OF THE RUSSIAN FEDERATIONOF THE RUSSIAN FEDERATION

The SME Support Measures The SME Support Measures

in Russiain Russia

THE MINISTRY OF ECONOMIC DEVELOPMENT THE MINISTRY OF ECONOMIC DEVELOPMENT OF THE RUSSIAN FEDERATIONOF THE RUSSIAN FEDERATION

The Federal LawThe Federal Law ««On Development of Small and MediumOn Development of Small and Medium

Entrepreneurship in the Russian Federation Entrepreneurship in the Russian Federation»»

22

Micro Enterprises Small Enterprises Medium Enterprises

up to 15 employees

16-100employees

101 – 250employees

annual turnover up to $ 2,1 mln

annual turnover up to $ 14 mln

annual turnover up to $ 35 mln

SMEs CriteriaSMEs Criteria


The SME Sector Main IndicatorsThe SME Sector Main Indicators

33

33,,22% - % - the SME sector growth inthe SME sector growth in 20 201100

17 mln employed in the SME sector17 mln employed in the SME sector 2255% % of total employmentof total employment (20 (20110)0)

21% 21% - - share of SMEs in Russia’ GDPshare of SMEs in Russia’ GDP

1,7 mln1,7 mln micromicro, , smallsmall andand mediummedium enterprisesenterprises andand4,1 mln private entrepreneurs4,1 mln private entrepreneurs

Main problems: Main problems: √√ Administrative burdens Administrative burdens √√ Expensive creditsExpensive credits √√ Decreasing of number of SMEs in monotownsDecreasing of number of SMEs in monotowns


SME Support MeasuresSME Support Measures

44

Access to Government

Procurements

Access to Government

Procurements

SMEsSMEs

Easing TaxationEasing Taxation

Finance & Credit Access

Finance & Credit Access

Reduction of Administrative

Burdens

Reduction of Administrative

Burdens

The Finance Support Program under the

Ministry for Economic Development of Russia


Ministry for Economic Development of Russia


Government Corporation

«Vnesheconombank»


Government Corporation

«Vnesheconombank»

Access to Real Estate Assets

Access to Real Estate Assets



55

Administrative Regulation MeasuresAdministrative Regulation Measures

Start-up of business with a simple Start-up of business with a simple notification procedurenotification procedure

Any inspection is fulfilled one time in three Any inspection is fulfilled one time in three yearsyears

Number of licenses for SMEs has been Number of licenses for SMEs has been decreasingdecreasing


66


The Government ProcurementsThe Government Procurements

20% quota is reserved for SMEs20% quota is reserved for SMEs

Guarantee deposit is reducedGuarantee deposit is reduced


77


Access to Real Estate AssetsAccess to Real Estate Assets

The privatization program for SMEsThe privatization program for SMEs

Specialized list of public real estate assets in Specialized list of public real estate assets in state and city levels exists for SMEs state and city levels exists for SMEs

Special benefits to innovative SMEs founded Special benefits to innovative SMEs founded by Universities by Universities


88


TaxationTaxation

5% tax on income or 6% tax on turnover5% tax on income or 6% tax on turnover

Single tax for trade and personal services Single tax for trade and personal services SMEsSMEs


99


The Finance Support Program under the Ministry The Finance Support Program under the Ministry for Economic Development of Russiafor Economic Development of Russia

Grants for start-upGrants for start-up Guarantee FundsGuarantee Funds Microfinance OrganizationsMicrofinance Organizations LeasingLeasing Export-oriented SMEsExport-oriented SMEs Infrastructure (business incubators, industrial parks, Infrastructure (business incubators, industrial parks,

tech-parks)tech-parks) TrainingsTrainings Annually above 100 000 new jobsAnnually above 100 000 new jobs



1010

Guarantee FundsGuarantee Funds

80 entities at all in Russia80 entities at all in Russia

70% max. loan guarantee70% max. loan guarantee

300 bank – partners 300 bank – partners

$ 13 mln – max. loan$ 13 mln – max. loan

$ 10 mln – max. guarantee$ 10 mln – max. guarantee


1111


Microfinance OrganizationsMicrofinance Organizations

67 microloan offices in Russia67 microloan offices in Russia

16 000 microloans for SMEs16 000 microloans for SMEs

$ 17 $ 17 5500 average loan00 average loan


1212


Support of Innovative SMEsSupport of Innovative SMEs

$ 17 000 grant$ 17 000 grant

$ 170 000 subsidy for new equipment, know-how and $ 170 000 subsidy for new equipment, know-how and

trainingtraining

Up to $ 2 mln subsidies from venture funds e.g. the Up to $ 2 mln subsidies from venture funds e.g. the

Russian Venture Company, RosnanoRussian Venture Company, Rosnano

about 1000 innovative SMEs are set up by about 1000 innovative SMEs are set up by

Universities in RussiaUniversities in Russia


1313


Support of Export-oriented SMEsSupport of Export-oriented SMEs

$ 34 000 grant$ 34 000 grant

Loan subsidiesLoan subsidies

Subsidies for exhibition activitySubsidies for exhibition activity

Export Support and Consulting Centers in the Russian Export Support and Consulting Centers in the Russian

regionsregions


1144


The Finance Support Program under the Government The Finance Support Program under the Government Corporation Corporation ««VnesheconombankVnesheconombank»»

GC«Vnesheconom-

bank»

GC«Vnesheconom-

bank»

Russian Development

Bank

Russian Development

Bank

Bank-partners (91)Bank-partners (91)

$1,3 bln$1,3 bln

Leasing companies (67)Leasing companies (67)

Factoring companies (8)Factoring companies (8)

Microfinance organizations (18)Microfinance organizations (18)

SMESME

SMESME

SMESME

SMESME

$ 3$ 3,,5 bln program fund5 bln program fund

in in 82 82 Russian regionsRussian regions

Thank You for AttentionThank You for Attention!!

• The Ministry for Economic Development of the Russian The Ministry for Economic Development of the Russian FederationFederation

• The SME The SME DevelopmentDevelopment Department Department• teltel:: +7-495-69 +7-495-6955--5353-0-055• faxfax:: +7-495- +7-495-695695--5151--7676• WebWeb:: www.economy.gov.ru www.economy.gov.ru


the ministry for economic development of the russian federation the sme support measures in russia

Documents