Small entrepreneurship: current status and ways of support

The article provides an analysis of the current state and main ways of small entrepreneurship support in Russia. it is found that domestic SMEs lack significant competitive advantages, suffer from financial resources deficits to cover the need in capital investments, face barriers when introducing new products or enter the new markets. Available support measures of SMEs are mainly inefficient because part of them are actually unaffordable to SMEs, as far as the others are inefficient in terms of their effective outcome.