SME and Entrepreneurship Policy in Kazakhstan 2018

image of SME and Entrepreneurship Policy in Kazakhstan 2018

The government of Kazakhstan has set an objective to substantially increase the contribution of SMEs and entrepreneurs to employment and value added in the economy. Although there are large numbers of SMEs and entrepreneurs in the country, achieving this growth will require a step change in the productivity of existing SMEs and the emergence of many more medium-sized and growth-oriented firms.

This report shows the important achievements of the government in creating a clear vision and structures for SME and entrepreneurship policy, including major improvements in business regulations and through the introduction of the Business Road Map 2020 programme offering direct supports to SMEs and entrepreneurs in areas such as financing and infrastructure. It also highlights the current challenge of doing more to strengthen management capabilities, skills, and innovation in SMEs and new enterprises, and makes a range of specific recommendations for policy actions including further building the incubator and Entrepreneurship Support Centre infrastructure, introducing dedicated support for high-growth potential enterprises, and stimulating supply chain linkages around foreign director investors.



Strategic Framework and Delivery System for SME and Entrepreneurship Policy in Kazakhstan

This chapter examines arrangements for the formulation, co-ordination and delivery of SME and entrepreneurship policy in Kazakhstan. It reviews the legal basis of policy in the Entrepreneurial Code, assesses the vision and objectives set out for SME and entrepreneurship policy, and examines the arrangements for leadership and co-ordination of the policy within government. The distribution of SME and entrepreneurship policy expenditures in the Business Road Map 2020 is also examined. The chapter then turns to an assessment of the main agencies and structures for the delivery of business support services to SMEs and entrepreneurs including the National Chamber of Entrepreneurs and the Damu Entrepreneurship Development Fund. Finally, arrangements for monitoring and evaluation of SME and entrepreneurship policies and programmes are reviewed.



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