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In 6 small towns of the Mogilev and Vitebsk regions modern infrastructure to support small and medium businesses has been created

16 May 2020

More than 80% of all settlements in Belarus are small towns with population up to 100 thousand people. Lagging in the economic development of small towns compared to big cities is often the result of the move of a large number of young people from small towns to the capital of Belarus and regional centres where they start their own businesses. Therefore, it is very important to make small towns more attractive for supporting small and medium businesses.

Assistance in creating conditions for business development in small towns of Krichev, Mstislavl, Chausa, Gorky, Barani and Glubokoye was provided under the “Small Cities” project funded by the Russian Federation and implemented by UNDP in partnership with the Ministry of Economy of the Republic of Belarus. Under the project, these six cities in the Mogilev and Vitebsk regions have created modern infrastructure to support small and medium businesses. This infrastructure combines business incubator and business support centre functions. There, experts also advise on business plan development and fundraising. As a result of the project, an interactive tourist route was developed in Mstislavl, and a business incubator on the basis of technopark was created in Gorky, where business training events and acceleration programmes for start-ups are regularly held. Business schools “By myself” were also held, which helped to overcome stereotypes about female entrepreneurship.

The development of small towns and business initiatives is a contribution to Sustainable Development Goals 11 (Sustainable Cities and Human Settlements), 8 (Decent Work and Economic Growth), 10 (Reducing Inequality), 17 (Partnership for Sustainable Development) and other goals. 

Information on project results can be found on the UNDP in Belarus in Belarus .

 

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