Abstract
This article sheds light on the current status of Russia's international cooperation programs on innovation, whereby the focus is on stimulation programs for small and medium enterprises (SME)s. SMEs are the backbone of the economy among EU countries, whereas in Russia they are still in a developing phase. The analysis of bi- and multilateral tools for stimulation of SME cooperation with Russia shows that programs, projects, and budgets are increasing. This positive development takes place in spite of difficult framework conditions for businesses in Russia.
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