A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

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, helps foster social entrepreneurship and charitable initiatives, and supports the development of the Friends for Leadership international youth movement, which is working to implement the UN Sustainable Development Goals.

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 163 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 76 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Is it Easy to be an Entrepreneur? Perspectives from Business and Government
15 February 2018
11:15

Small and medium-sized businesses create a great many jobs worldwide, facilitating economic diversification and increasing resistance to economic shocks. In the Russian economy, they account for 21% of GDP. While this represents an increase, their potential is undoubtedly greater still. The appearance of new enterprises is associated in many respects with economic modernization and greater efficiency. Small and medium-sized companies are more rapidly able to react to the demands of the market, create niche products, and adapt to ever-shortening product lifecycles. So what is preventing this potential from being realized? Why isn’t entrepreneurship as popular in Russia as it should be, with only 5% of the population describing themselves as prepared to open a business within the next three years? Entrepreneurs complain about excessive red tape, especially unscheduled inspections, difficulty accessing loans, and a lack of infrastructure needed to develop. However, equally serious obstacles to development are a lack of entrepreneurial skills and a shortage of qualified workers. How can special educational programmes for business be created and made accessible to all? Small companies need to gain access to regional, national, and global knowledge bases, and to create systems for managing the implementation and integration of this knowledge. The Russian government has developed a long-term strategy for developing entrepreneurship and is currently implementing it with success. But is it enough? Can we expect a technological breakthrough and a growth in technological exports from this sector? How do entrepreneurs rate the efforts of the government and development institutions?

Date
15.02.2018
Forum
Russian Investment Forum
Started at
11:15
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