Support for small business in the Irkutsk region: within the framework of the activities of the fund of the center «My business» of Irkutsk, Irkutsk region

The growth in the number of registered sole proprietors is closely related to the activities of organizations whose activities are aimed at providing all possible measures to support SMEs. Such organizations not only make a profit, but also stimulate the development of entrepreneurship in the region, which has a positive effect on its economic security. The services provided by such organizations are often aimed at helping to obtain subsidies, grants, loans, the provision of property for use, the performance of certain jobs and training for specific types of activities. The largest representative of such organizations in the Irkutsk region is the My Business Center Foundation. The Fund provides an abundance of services aimed at supporting and stimulating the activities of small and medium-sized businesses. These include: training in the basics of entrepreneurship; consultations on various issues related to doing business; assistance in obtaining subsidies and various benefits; marketing services; market analysis both within the region and when exporting; website design and brand promotion in a digital environment; provision of a workspace in a coworking center; guarantee activities by providing guarantees for obtaining a loan from the vast majority of banks in the Irkutsk region, and much more. The main client base of the Fund is individual entrepreneurs of the Irkutsk region in general and the city of Irkutsk in particular. The Fund regularly provides a wide range of services and the demand for these services is steadily growing. Thanks to the support of My Business, hundreds of sole proprietors start and develop their activities, ensuring the economic growth of the region and stimulating the strengthening of its economic security. The My Business Center Foundation is not an Irkutsk organization. Its branches are located in almost all regions of the Russian Federation. The Irkutsk branch occupies one of the leading positions among the Fund’s branches in the Siberian Federal District. The local branch of the fund is ahead of the vast majority of similar ones in the above-mentioned district in such characteristics as: capitalization (the size of financial assets), the number of guarantees issued since the beginning of activity, the amount of guarantees issued since the beginning of activity, regression (compensation for losses incurred in connection with the fulfillment of obligations by the Fund), the total amount of existing guarantees issued, the number ofvo partners represented by banks and other credit institutions, etc. In the rating of branches of the My Business Center Foundation in terms of the number of positive indicators in which the branch has an above-average value, in 2025 the Irkutsk branch occupies a confident place, second only to the branch of the Novosibirsk region.

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Publication Details

Journal
Innovations and Food Safety
Published
2025-10-12
DOI
https://doi.org/10.31677/2311-0651-2025-49-3-97-108
Primary Topic
Food Industry and Aquatic Biology
Type
article
Field-Weighted Citation Impact
0.00
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article

Support for small business in the Irkutsk region: within the framework of the activities of the fund of the center «My business» of Irkutsk, Irkutsk region

Н. А. Константинова, T. V. Melihova
Innovations and Food Safety
Food Industry and Aquatic Biology
article

Support for small business in the Irkutsk region: within the framework of the activities of the fund of the center «My business» of Irkutsk, Irkutsk region

Н. А. Константинова, T. V. Melihova
article en

Abstract

The growth in the number of registered sole proprietors is closely related to the activities of organizations whose activities are aimed at providing all possible measures to support SMEs. Such organizations not only make a profit, but also stimulate the development of entrepreneurship in the region, which has a positive effect on its economic security. The services provided by such organizations are often aimed at helping to obtain subsidies, grants, loans, the provision of property for use, the performance of certain jobs and training for specific types of activities. The largest representative of such organizations in the Irkutsk region is the My Business Center Foundation. The Fund provides an abundance of services aimed at supporting and stimulating the activities of small and medium-sized businesses. These include: training in the basics of entrepreneurship; consultations on various issues related to doing business; assistance in obtaining subsidies and various benefits; marketing services; market analysis both within the region and when exporting; website design and brand promotion in a digital environment; provision of a workspace in a coworking center; guarantee activities by providing guarantees for obtaining a loan from the vast majority of banks in the Irkutsk region, and much more. The main client base of the Fund is individual entrepreneurs of the Irkutsk region in general and the city of Irkutsk in particular. The Fund regularly provides a wide range of services and the demand for these services is steadily growing. Thanks to the support of My Business, hundreds of sole proprietors start and develop their activities, ensuring the economic growth of the region and stimulating the strengthening of its economic security. The My Business Center Foundation is not an Irkutsk organization. Its branches are located in almost all regions of the Russian Federation. The Irkutsk branch occupies one of the leading positions among the Fund’s branches in the Siberian Federal District. The local branch of the fund is ahead of the vast majority of similar ones in the above-mentioned district in such characteristics as: capitalization (the size of financial assets), the number of guarantees issued since the beginning of activity, the amount of guarantees issued since the beginning of activity, regression (compensation for losses incurred in connection with the fulfillment of obligations by the Fund), the total amount of existing guarantees issued, the number ofvo partners represented by banks and other credit institutions, etc. In the rating of branches of the My Business Center Foundation in terms of the number of positive indicators in which the branch has an above-average value, in 2025 the Irkutsk branch occupies a confident place, second only to the branch of the Novosibirsk region.

Innovations and Food Safety(3)
Irkutsk State Agrarian University named after A.A. Ezhevsky (RU)
Openalex Percentile: Top 66%
Food Industry and Aquatic Biology
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