Aim. The work aimed to develop proposals to improve the state policy in the field of women’s entrepreneurship in the Russian Federation (RF).Tasks. The work was performed to reveal the specifics of women’s entrepreneurship in Russia; identify the main obstacles and problems specific to Russian female entrepreneurs; analyze the existing programs of state support for women’s entrepreneurship in RF, their completeness and effectiveness of implementation.Methods. The aspects of the development of women’s entrepreneurship in Russia are analyzed using general methods of scientific cognition in various fields. Within the study conducted in March 2021 in the format of an electronic survey of 35 female respondents employed in small and medium-sized businesses in six cities (Moscow, St. Petersburg, Sochi, Vladivostok, Yaroslavl, Surgut), the main problems faced by female entrepreneurs were revealed, as well as threats and opportunities for women’s entrepreneurship under the COVID-19 coronavirus pandemic, as well as an assessment of the level of government support was presented from the respondents.Results. The main obstacles for women in establishing their own business in Russia were found to be the problems of financing, initial investments, and searching for investors, the problems of poor development of business education and financial literacy, as well as difficult administrative obstacles and insufficient state support. In addition, a high adaptability of women in business was also established. This characteristic is evidenced by many previous studies. However in the context of the COVID-19 pandemic, the skills of female leaders, the ability to make the right strategic decisions and exercise management competently in crisis situations have come to the fore.Conclusion. Taking into account the identified obstacles to the development of women’s entrepreneurship, the existing state support in this field seems to be insufficiently effective. As part of solving this problem, a number of measures can be proposed, namely the creation of an all- Russian educational center for female entrepreneurs with regional branches in all major cities of Russia; the introduction of the concept of “women’s entrepreneurship” into the law on support for small and medium-sized businesses and the formation of a specific unit in the Ministry of Economic Development of the Russian Federation; establishing a tax holiday regime for single mothers and mothers with many children who run a business in small towns and rural areas.
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