Specifics of application of foreign experience in the management of state grants to support small and medium-sized businesses in Kazakhstan
Year: 2025
Type: article
Abstract: The article examines the specifics of the application of foreign experience in the management of state grants for the support of small and medium-sized businesses in Kazakhstan. The comparative study of foreign experience in the management of state grants for the support of small and medium-sized businesses made it possible to establish causal relationships, and the results of the analysis, comparing them with the situation in our country, allowed to identify systemic problems. To achieve these objectives, data from various sources were used, as well as the results of the analysis of existing programs and measures of state support for SMEs. The practical significance of the work is that the authors draw attention to the grant assistance provided by foreign countries to business entities in order to achieve maximum results in providing state grants for the support of small and medium-sized businesses. In addition, during the study, the results of the information published on the official website of the "Damu" Entrepreneurship Development Fund" JSC on state support of entrepreneurship in Kazakhstan, as well as information on small and medium-sized business support programs, were evaluated. This scientific article has an impact on the academic sphere and makes a unique contribution for small and medium-sized businesses in our country. This helps the academic community, researchers and students to gain a comprehensive understanding of the major issues and aspects of entrepreneurship support in the country. The practical significance of the results of the work. Improving the effectiveness of business grants: recommendations and conclusions on the issues considered in the article will help entrepreneurs in Kazakhstan to solve obstacles in their business and more effectively use available resources. The study considers the peculiarities of using foreign experience of improving grants in the system of state support for small and medium-sized enterprises, gives valuable recommendations for public policy in the field of business support.
Source: Bulletin of Turan University
Institution: Turan University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4411946773