Small and medium businesses in the Donbas: Development and support policy. Analytical report
In Ukraine, SMEs are a major source of employment and generate a large portion of economic activity. However, their contribution to innovation and economic growth is far below full potential. SMEs in Ukraine are disproportionally focused on trade and individual services, where space for productivity gains is small. Access to finance is difficult for many SMEs, which forces them to rely on primarily on self-funding for working capital and investment in equipment.