The article dwells on the state of entrepreneurship development in Russia, the author suggests basic streamlines of statal policy in reference to small and medium business aimed at an elevation of general institutional maturity of Russian economy. In spite of the efforts undertaken the share of SMB in Russian economy continues to remain at the level of less than 25%. Hereby, the share of those employed in this sector is at the low level too. The share of SMB in economic circulation of industry makes up about 6,5-7%. The streamlines are aimed at a creation of a general favourable enterprising and investitive environment founded on the following factors: properly functioning law enforcement bodies and forensic systems, further combat with corruption and irrational administrative bars, qualitative statistical information about Russian SMB at all levels and maximal connection with profitable revenues of regional and local budgets to the dynamics of the development of minor forms related to economic activities on the territories in question.
small and medium entrepreneurship, state support, innovations, modernization of economy, institational milieu
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