  In this article, I consider the issues of financial resource shortage, the
limited possibility of attracting bank loans, and business risk. All these
problems constrain the development of entrepreneurship. Objectives I aim to
determine a scientifically based financial mechanism of financing the priority
directions of territories' development. In this study, I develop tools of
financing the priority directions of the municipal economy. The proposed
financial scheme allows to expand the volume of financing and ensure the access
of businesses to financial support. The article proposes concrete financing
mechanisms for investment with minimal risk for the budget and preferential
conditions for business.
