The functioning of the infrastructure for supporting small and medium-sized businesses in the region was discussed at a planning meeting of the Cabinet of Ministers of the Republic of Armenia, which was chaired by the Head of Adygea Murat Kumpilov.

The main speech was delivered by the Minister of Economic Development and Trade of the Republic of Armenia Zaur Sheujen. According to the speaker, today 17.2 thousand small and medium-sized businesses operate in the Republic of Adygea, and their number has increased by 1.5 thousand units over the past 2.5 years. The SME sector provides employment for 43% of the total number of people employed in the region's economy. The contribution of SMEs to GRP according to data for 2022 is 54.4 billion rubles or 27.6% of the total volume of 197.1 billion rubles.

State support for business in Adygea is growing every year. If in 2022 its volume was 150 million rubles, then in 2023 it was already 318 million rubles. The main tool for promoting the development of the small and medium-sized business sector in the region remains the implementation of the national project "Small and Medium-Sized Enterprises and Support for Entrepreneurial Initiative".

The republic has the entire range of all-Russian measures of state support for business, as well as a number of regional benefits. The SME support infrastructure includes the My Business Center, the Export Support Center, the Microcredit Company, the Guarantee Fund and the Business Incubator. In total, in 2023, these organizations provided 3.3 thousand services, in the first half of 2024 - about 1.5 thousand services from the development of business plans to the issuance of preferential loans and assistance in product promotion.

The head of Adygea, Murat Kumpilov, stressed that the entire line of state support should work smoothly, as a single mechanism.