The Commission is a permanent body, established to coordinate the activity of agencies of executive power and cooperation with representatives of the business community in drafting proposals linked with the implementation of the state policy in the sphere of promoting small and medium-sized business.

The Commission primarily examines and drafts proposals on the following issues:

- implementing the decisions of the Russian Federation's President and Government in the sphere of promoting small and medium-sized businesses in the Russian Federation;

- stipulating state-support measures for small and medium-sized businesses in the Russian Federation and boosting the effectiveness of such measures;

-boosting the effectiveness of federal bodies executive authority and bodies of executive authority of the Russian Federation's constituent entities to control and monitor entrepreneurial activity;

- promoting small and medium-sized businesses in specific spheres, including science and technology, industry, healthcare and social services, education, housing and municipal utilities, construction and agriculture;

- other measures aiming to promote small and medium-sized businesses.