SMALL BUSINESS IN UDMURTIA: HISTORY OF FORMATION AND DEVELOPMENT, ROLE IN THE REGIONAL ECONOMY AT THE PRESENT STAGE

The article considers the concept of entrepreneurship, describes various scientific views on the definition of the economic essence of the concept of entrepreneurship. The article reveals the main economic and social functions of entrepreneurship in Russia at the modern stage of economic development. The level of development of small and medium-sized enterprises in the Udmurt Republic is characterized, the number of employees and the distribution of small businesses in Udmurtia by type of economic activity are analyzed. The history of formation and development of the system of state support for entrepreneurial activity in Udmurtia is described. A detailed description of the current measures of state support and promotion of small business development is given. The article also describes the directions of participation of the Udmurt Republic in the national project “Small and medium-sized entrepreneurship and support for individual entrepreneurial initiative”, within the framework of which five regional projects are implemented: “Acceleration of SMEs”; “Increased access of SMEs to financial support, including concessional financing”; “Popularization of entrepreneurship”; “Improving the business environment”; “Establishment of a system of support for farmers and development of rural cooperation”. In accordance with regional projects, innovative infrastructure organizations provide financial, property and information advice to small business.