Strategies and Tools to Support Small Businesses in the Region

The definition of the role and trends of small business development in the economy of the region makes it possible to determine its importance and develop directions for the development strategy of the subject of the Russian Federation and the country as a whole. The purpose of the article is to examine the results of small business development in the region, including the impact of local economic conditions, infrastructure, and government support. Using the example of the Kaluga Region, the key factors influencing the development of entrepreneurship are considered, and measures to support small businesses are analyzed. The author uses general scientific methods such as analysis, synthesis, retrospective statistical analysis, and a systematic approach. The results of the study indicate a well-developed system of support for small businesses in the region, however, it is necessary to expand the possibilities of using financial instruments to quickly mobilize the necessary investment sources of organizations.