A socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 133 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.

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News
17.04.2020

Roscongress Foundation collates regional best practices in supporting small and medium-sized enterprises

The Roscongress Foundation has published a digest examining regional best practices in supporting small and medium-sized enterprises. Experience from 34 Russian regions has been collated in the report.

Steps are currently being taken at the very highest level to protect small and medium-sized enterprises. In an address to parliament, President of the Russian Federation Vladimir Putin said that entrepreneurs would receive direct and free financial aid from the state. As a result, 75% of salary credits will be guaranteed by VEB.

«Each region is taking its own approach to dealing with the COVID-19 pandemic. However, shared economic processes and overarching trends mean that a region’s unique experience could be rolled out to benefit other parts of Russia. That is precisely the reasoning behind the Roscongress Foundation’s expert group focusing on the regions. The group holds regular meetings with regional representatives, heads of national government bodies and development institutions, renowned experts, and business leaders. The most effective economic mechanisms employed by the Russian regions will be permanently published in the Best Regional Practices section of the Roscongress website,» said Chairman of the Management Board and Chief Executive Officer of the Roscongress Foundation Alexander Stuglev.

The digest complements the work done as part of the Roscongress Foundation’s initiative. A number of expert groups have been tasked with facilitating dialogue and the exchange of experience between regions. Since work began on the project, regional representatives have examined ways to increase exports from the regions, employ technology to support small and medium-sized enterprises, increase labour productivity, and implement strategies for attracting investment in the Russian regions. The digest can be read in full on the official Roscongress website.

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