This article analyzes the process of formation and development of small and medium-sized businesses in the Chuvash Republic. It discusses the main challenges to the development of entrepreneurship in the region, in the temporal sequence. It also analysis the conceptual basis for the development of small and medium enterprises in the Chuvash Republic which is formulated in the Program of socio-economic development and in the Program of development of small and medium entrepreneurship for 2010-2020.
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