Published: 15 February 2016
Purpose. The study of the role of small and medium business in the region, as well as the prospects for its development to improve the economic situation of the Vladimir region. Methods. The basic directions of work of small and medium business enterprises of the Russian Federation are presented. Regional programs of assistance to small and medium business are analyzed. The dynamics of development of small and medium-sized businesses in the region is considered. Results. Based on the development dynamics of small and medium-sized businesses in the region, the need to develop small and medium-sized businesses to improve the financial stability of the region's economy was explored on the basis of the analyzed regional programs for the promotion of small and medium-sized enterprises and their own conclusions. Scientific novelty. The scientific novelty lies in the study of the relationship between state programs for the development of small and medium-sized businesses and the priority areas of regional programs for the development of the region's economy.