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Steps Taken by the Zarechny City Administration to Support Small Innovative Companies
Pages 139-147

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From page 139...
... facilitated support for and active development of small innovation-related businesses. As a result of liberalization, people gained opportunities for conducting independent business activity, which was previously forbidden by law and entailed criminal punishments.
From page 140...
... The mid-1993 establishment of the Technopark, which was created to provide favorable conditions for entrepreneurial development and small business, can be considered to mark the beginning of business support TABLE 1 Overall Picture of the Local Business Sector in Zarechny Year 1995 1996 1997 1998 1999 Population 32,000 32,900 32,400 33,000 33,100 Working population 19,200 19,400 19,800 19,800 19,900 Persons registered as involved 1,684 1,520 2,043 2,145 2,195 in business activity, of which: Individual entrepreneurs 1,260 1,081 1,611 1,708 1,750 Incorporated entities 424 439 432 437 445 Persons actively involved in operating small entreprises, of which: 419 462 510 516 545 Individual entrepreneurs 310 350 400 420 445 Incorporated entities, by industry: 109 112 110 96 100 Manufacturing 22 20 22 Construction 21 12 12 Retail trade 36 31 32 Other 31 33 34 Proportional share of small business in the municipal economy (in percentages) Workers employed Volume of goods and services produced 6.2 6.2 6.7 1.5 2.5 2.75
From page 141...
... The rationale for the program is based on giving top priority to creating a favorable socioeconomic environment, constantly monitoring employment problems, and promoting the development of competitive high-tech business projects that will provide a rapid return on investment and facilitate the utilization of accumulated scientific-technical potential. The Technopark is the entity responsible for implementing the program, while the finance mechanism is provided by the Zarechny Technopolis Fund for the Support of Entrepreneurship and Small Business.
From page 142...
... Small business support activities are financed using various sources, including municipal and oblast budgets, grants from foreign foundations, repayable resources from commercial banks, the federal budget (federal investment tax credits) , profits from the operational activities of the Technopark, and funds from the city and oblast employment centers.
From page 143...
... · The Region-Spectrum Group successfully operates in the gasoline business, including various related services such as retail gasoline sales, food sales, and automotive service. Despite the significant amount of work that has been done to support business development, conditions in the small business sector remain difficult because of the crisis situation in the Russian economy.
From page 144...
... . In addition to various types of preferential lending and financing schemes, support for business also requires that the local authorities facilitate interactions with regulatory and monitoring agencies, such as the sanitary-epidemiological service, fire department, retail trade department, and sanitation inspectorate.
From page 145...
... . This space was a separate building with auxiliary facilities, which by joint decision of Minatom and the Zarechny City Administration was officially declared city property for the purpose of creating an incubator for small innovative businesses.
From page 146...
... The need for uncovering potentially powerful people and projects and revealing their potential to the maximum possible extent represent the strategic consequences of this conclusion. Therefore, plans for the Program for the Development of Zarechny as a Science City include the Personnel Bank project, which is aimed at finding potentially promising entrepreneurs and managers and providing them with additional training.
From page 147...
... ~ REC ~ a 0 b ~ ~ ~ N 147 fly and adopt an oblashlevel program for developing 1nnovat10n activity' including a special component on 1n~ashucture development Me experience amassed in Me creation of science cities requires separate considerat10n. It appears Mat Me elective utH1zat10n of science cities as 1nnovat10n centers requires more active involvement of cities in ~1s effort as well as stricter monitoring of the results and electiveness of investments


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