The share of those employed in small and medium-sized businesses in the Vitebsk region should increase to almost 30% by 2020

This percentage is determined from the total number of people employed in the economy, while the entrepreneurial sector will generate 24.2% of the region's gross value added by that time.

These development benchmarks for the non-state sector of the economy of Pridvinye are defined in the State Program "Small and Medium-sized Entrepreneurship in the Republic of Belarus" for 2016-2020. The document was adopted to develop the non-state sector of the economy as one of the factors ensuring a stable high level of employment and economic growth.

Among the main consolidated target indicators determining the effectiveness of measures taken to develop business initiative and support entrepreneurship in the region, the density of small and medium-sized businesses is also introduced as a benchmark. Thus, over the five-year period, the number of small and medium-sized enterprises per 1 thousand people employed in the economy should increase to 22.2 units, and individual entrepreneurs to 53.6. The share of revenue from the sale of products (goods, works, services) of such economic entities will reach 30.3% of the regional indicator.

It is planned to allocate about 88.5 billion rubles from the local budget for state financial support of entrepreneurship. By 2020, 11 entrepreneurship support centers (there are 7 today) will operate in the Vitebsk region, as well as 4 small business incubators (2). To build up the potential of the infrastructure entities supporting this sector of the economy from the regional budget funds.

it is planned to spend about 16 billion rubles.

As of February 2016, a total of about 32.3 thousand small and medium-sized businesses were registered in the Vitebsk region, including 284 medium-sized organizations (up to 250 employees), almost 7.9 thousand micro-organizations (up to 15 people), over 1 thousand small business entities (16-100), and 23.4 thousand individual entrepreneurs. For the first month of the year, the contribution of this sector of the economy to the regional budget was 294.4 billion rubles, or 22% of the total revenue controlled by tax authorities.

 

Sergey Antonov, "Vitebskiye vesti".