Financial support and promotion of social entrepreneurship in the regional development management system

Abstract

The aspects of financial stimulation and ensuring the development of social entrepreneurship as a factor of development of the regions of the state are investigated in the work. The necessity of in-depth study of social entrepreneurship tendencies, its main vectors of development, peculiarities of interaction with different sectors of economic and social activity, research of prospects of social entrepreneurship development in the financial and economic system of Ukraine is substantiated. Organizational and legal forms of social enterprises are chosen based on the optimal business model and taxation systems. It is established that the lack of a single normative definition of social business significantly limits the possibilities of its development. The most important economic methods of stimulating the development of social entrepreneurship concern state financial support. The essence of modern scientific approaches according to which it is necessary to carry out regulation of social business accordingly is investigated. Emphasis is placed on the fact that the most important economic methods of stimulating the development of social entrepreneurship relate to state financial support. An effective way to help social enterprises from the state is to provide grants. In the macroeconomic dimension, the efficiency of social enterprises can be measured by the level of reduction of general inequality and poverty, and at the micro level the social effects will be to alleviate the financial situation of certain socially vulnerable categories of citizens by increasing their welfare. Social enterprises, using innovative resources, are able to create a real competitive environment and added value that will contribute to the development of the country's economy. With the correct and effective use of all these opportunities, the activities of social enterprises over time will significantly reduce local budget expenditures on the social sphere and help the community to ensure its own powers, reduce unemployment and thus provide additional revenue to budgets at various levels.