Development of small agribusiness in the context of transformation of regional economy
Globalization processes, i.e. accession to the WTO and further integration into global economy, as well as labour division, bring forward new goals and objectives for national agribusiness. Due to the depleting nature of agro-industrial potential its effective use is of national importance and requires instruments that create the most favourable environment for exercising business initiative in the regions and getting an opportunity to work in the open global markets with severe competition. The author examines the conditions needed for realizing the economic potential of small agro-enterprises, the main one of which includes sustainable capability to finance day-to-day operations and execution of investment projects. The article also considers mechanisms promoting the development of loan programs for small businesses.