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, 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 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 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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The New Economy: The Potential of Youth Entrepreneurship
14 February 2018

The changing structure of international labour markets and the shortage of jobs for young professionals in the country’s regions are the key challenges for Russian economic development in the twenty-first century. The pull of major urban metropolises is creating imbalances in the workforce available to their small and medium-sized counterparts, and slowing the diversification of local economies. In these complex and unpredictable times, an increasingly important role is being played by young entrepreneurs, who are flexible, proactive, sensitive to innovation, and ready to change the environment around them. They possess the reserves of energy and time needed to experiment, and are developing new economic sectors based on promising ideas and advanced technologies, and creating local manufacturing industries as they revive and rethink traditional crafts. Their efforts are helpig regions to grow their human capital and establish new city brands, and the structure of international exports is changing in favour of rceative goods and services.

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