Evaluation of the effectiveness of state support programs for entrepreneur-ship in Kazakhstan

Abstract

The article is devoted to a comprehensive analysis of state support for entrepreneurship in the context of the new economic policy of the Republic of Kazakhstan. The goal is to examine the key directions of government policy aimed at stimulating the development of small and medium-sized businesses (SMEs), improving the business environment, and enhancing the competitiveness of the economy. Special attention is given to support mechanisms, including interest rate subsidies on loans, financial assistance for innovative and export-oriented projects, as well as the development of entrepreneurial infrastructure through digital platforms such as “Government for Business.” Methods – analysis of existing state support measures, systemic and comparative approaches, assessment of the effectiveness of programs and digital platforms “Government for Business.” The study analyzes the effectiveness of current measures and identifies implementation challenges, including bureaucratic barriers, regional disparities, and insufficient digitalization. Results – effective support mechanisms (loan subsidies, financial assistance for innovative and export projects, infrastructure development) as well as existing implementation problems (bureaucratic barriers, regional disparities, insufficient digitalization) were identified. Based on the findings, recommendations were formulated to improve government programs considering global economic changes, ESG initiatives, and integration into international markets. Conclusions – SMEs play an important role in job creation, increasing export potential, and ensuring sustainable economic development; recommendations have been proposed to enhance government programs in light of global economic changes, ESG initiatives, and integration into global markets. The article emphasizes the role of the state in stimulating SME growth, creating jobs, increasing export potential, and ensuring sustainable entrepreneurial development.