Investment management of small business in the agro-industrial complex

Abstract

Investing in agriculture is characterized by a long payback period and therefore requires a competent investment management to control resources attracted to small agribusiness sector. The purpose of the research is to develop an investment management mechanism of small agribusiness and substantiate practical proposals for attracting investments in the development of the farming sector based on assessing competitiveness. The object of the research is small-scale farming households. The subject of the research is investment activity of regional agribusinesses. The article clarifies the theoretical understanding of ‘investment management’ in relation to small agribusiness, and defines the economic tools for attracting investment in the agricultural sector. The authors have developed a phased investment management mechanism, taking into account the factor characteristics of agricultural production. Based on the method of cluster analysis, regional strategic interests and assessment of small agribusiness competitiveness in the agricultural market, the authors have proposed a certain strategy to select peasant farms for the provision of state support. The article has shown the main aspects of investing in small agribusiness and demonstrated the role of state support for peasant farms in ensuring effective manufacturing of agricultural products. The results of the work can be used by regional authorities for the development of management impact on the investment activity of small agribusinesses.