Directions of state support for small and medium-sized businesses at different stages of economic growth in the context of digitalization

Introduction. Small and medium-sized businesses are a key engine of economic growth, especially in the context of the digitalization of the economy, where access to digital technologies and digital solutions is becoming increasingly important. The purpose of this study is to substantiate the directions of state support for small and medium-sized businesses, taking into account the specifics of the stages of economic growth in the conditions of digitalization of the economy. The development of small and medium-sized businesses goes through several stages, which can range from the creation of a new enterprise to its diversification and expansion. At the same time, each stage of growth requires an individual approach and special attention from the state. Methods. The research was carried out using a variety of general scientific methods, including a thorough analysis of the works of various authors, synthesis and comparison of information, the use of a system-functional and integrated approach. In addition, the study used data from official statistics, regulatory documents and the legislative framework of the Russian Federation and the DPR. The results of this study not only objectively reflect the theoretical data, but also systematize them for a better understanding. Results. In the course of this study, the dynamics of registered small and medium–sized businesses in the Russian Federation for 2020 – 2024 and new annexed territories – the DPR, LPR, Kherson and Zaporizhia regions for 2023 – 2024 were revealed; the laws of the Russian Federation and legislative acts of the regional level regulating the activities of SMEs were determined. The directions and types of support for SMEs of the DPR at different stages of economic growth. Conclusions. Thus, in the context of the digitalization of the economy, state support for SMEs should be justified and focused on the specifics of the stages of economic growth of this sector. It is necessary to include measures to ensure access to digital technologies, stimulate cooperation and cooperation, ensure financing and create a favorable investment climate.