Russia is currently home to a group of a few hundred competitive, fast-growing, highly innovative private companies with a strong entrepreneurial base. Many of them are ready to expand their businesses and become leaders on the national or even global market. Since 2016, a number of these companies have applied and been accepted onto the Ministry of Economic Developments priority project, Supporting Leading Private High-Tech Companies (also known as National Champions). As things stand, 62 companies have been accepted onto the scheme. Participating companies receive comprehensive support from the Ministry in their dealings with government authorities, development institutions, and companies in which the state is a shareholder. How can we help companies communicate with banks and investment firms and obtain loans and investment? What achievements and future projects can the companies taking part in the National Champions scheme share with us?
Award Ceremony for New Contestants in the National Champions Project
Expert RA, a leading Russian credit rating agency, has published an analysis of the SME loan market in Russia and main drivers of SME lending growth, with possible scenarios for development of the SME finance market.
While small and medium-sized businesses are the foundation of developed economies, in Russia they still play a relatively modest role. Andrey Sharonov, President of Moscow School of Management SKOLKOVO, talks about how Russians view entrepreneurship and what entrepreneurs think about the government, what separates a leader from a boss, and why businesses shouldnt operate in factory mode.
The Next 20 Years, a new book published jointly by PwC Russia, the Roscongress Foundation, and Vesti.Finance, features forecasts presented by leading entrepreneurs, economists, and politicians at the VESTIFINANCE forum.