The international experience of Western countries in the development of high-tech technologies in the context of the digitalization of the economy shows that small and medium enterprises (SMEs) can become the core of the formation of high-tech sectors of the economy in Russia. It is SMEs that are the locomotive that ensures the progress of the digital economy. At the same time, it is difficult to achieve the goals associated with digitalization and innovative development of the economy without appropriate state support. Small innovative entrepreneurship (SIE), as the most active part of SMEs, is particularly in need of such support. Introducing innovative entrepreneurship and expanding the demand for innovation in the economy. Achieving the direction of dominance in this area is Foundation for Assistance to Small Innovative Enterprices (FASIE), tools and authority, which must be supported. The article highlights the basic principles and stages of improving the organizational and economic mechanism for the FASIE to support breakthrough directions in the development of SIE, the introduction of which will achieve high rates of technological development and economic growth of SIE of the Russian Federation
Keywords: FASIE, digitalization, small innovative entrepreneurship, organizational and economic mechanism
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