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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, 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.

Each year, the Foundation’s events draw participants from 209 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 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 212 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 86 countries worldwide, and 293 Russian public organizations, federal and regional executive and legislative bodies of the Russian Federation.

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

Big Money for Small Businesses: Hacks for Attracting Credit and Capital

pavilion G, conference hall G5
The volume of the SME portfolio totalled RUB 12.4 trillion by the end of 2023, which is a historical maximum. At the same time, the delinquency rate is the lowest in history: only 5%. Banks’ interest in the sector is as high as ever, but the expansion of preferential lending programmes in the context of high interest rates is crucial. Alternatives to loans, such as leasing, factoring, crowdfunding, microfinancing and even bonds, are sometimes not only more accessible and favourable than loans, but can become the basis for financing business expansion and open up new opportunities for entrepreneurs. There is also experience of innovative forms of funding – issuing DFAs, for example, and this is also available to entrepreneurs. What kind of trouble spots need to be dealt with, limited government programmes or curtailment? Why are current resources insufficient to support non-credit forms of financing? Why is the cost of resources for micro-enterprises so high?
Date
Forum
SPIEF
Started at
12:15—13:45
Conference hall
pavilion G, conference hall G5
Analytics on the topic