IMPROVING STATE FINANCIAL SUPPORT FOR INVOLVING LOW-INCOME FAMILIES IN ENTREPRENEURSHIP
DOI:
https://doi.org/10.5281/zenodo.19939640Keywords:
state financial support, entrepreneurship, low-income families, microfinance, poverty reduction, financial inclusion, small business development, social policyAbstract
The inclusion of low-income families in entrepreneurial activities is increasingly recognized as
an effective strategy for reducing poverty and promoting inclusive economic growth. However, the effectiveness
of state financial support programs largely depends on their accessibility, institutional design, and the
preparedness of beneficiaries. This study examines existing mechanisms of state financial assistance and
identifies key barriers that limit their impact. An improved support model is proposed, integrating financial
instruments, capacity-building programs, and digital service delivery. The empirical study was conducted over
a 14-week period and involved 140 low-income households and 22 representatives from public institutions
and financial organizations. The findings demonstrate a 36% increase in program participation, a 27% rise
in household income, and a 33% improvement in business sustainability. Additionally, financial literacy levels
increased by 35%. The results highlight the importance of a coordinated and multidimensional approach to
state support, emphasizing long-term empowerment rather than short-term aid.
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