The Foundation “Entrepreneurship Support Center of the Kaliningrad Region (microcredit company)” was established on October 18, 2013 based on the Decree of the Government of the Kaliningrad Region No. 613 dated August 23, 2013 “On the establishment of the fund“ Microfinance Fund of the Kaliningrad Region ”in accordance with paragraph 10 of Part 1 of Article 10 of the Federal Law of July 24, 2007 No. 209-FZ "On the Development of Small and Medium-Sized Enterprises in the Russian Federation", clause 2 of Part 1 of Art.2 of the Federal Law of July 2, 2010 No. 151-ФЗ "On Microfinance Activities and Microfinance Organizations", clause 2 of Article 6 of the Law of the Kaliningrad Region of October 20, 2008 No. 278 "On State Support of Small and Medium Enterprises in the Kaliningrad Region". The Fund is an integral part of the infrastructure of the Government of the Kaliningrad Region in terms of supporting entrepreneurship in the Kaliningrad Region.The activities of the Fund are coordinated by the Ministry of Economic Development, Industry and Trade of the Kaliningrad Region, which forms and implements state policies to support and develop small businesses in the Kaliningrad Region.