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 162 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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Konstantin Basmanov

Konstantin Basmanov

Head of Small and Medium Enterprises Unit, Promsvyazbank
SPIEF 2021
The Changing Face of Small Business: New Challenges and Objectives
2020 was a challenging year for small and medium-sized businesses. A significant part of service and trade sector was heavily affected <...> by pandemic restrictions. <...> In April 2020, the Small Business Optimism Index was at its lowest. These are the lowest indicators ever recorded. This is the first steep fall in expectations and sentiments of sales entrepreneurs in six years. And now, gradually, as the pandemic restrictions are being lifted, business activities are starting to recover. The good news is that the recovery in 2021 is faster than expected. We have recorded a positive PMI value for 4 consecutive months
SPIEF 2019
Open Dialogue ‘Development Pathways for Young Entrepreneurship’
Young entrepreneurs are much more optimistic over the entire horizon of research [carried out over five years among 2,500 entrepreneurs, – Ed.] regarding investments, hiring people, working with personnel and sales growth
Russian Investment Forum 2019
The Role of the Regions in Popularizing Entrepreneurship
More and more often, entrepreneurs are relying on effective demand, and less on sales market growth forecasts. The focus is largely on issues to do with the economy and improving results with existing volumes. This type of expectation is much harder to overcome, as it is deeply embedded and tied in with an entrepreneur’s assessment of their own market
Russian Investment Forum 2019
The Role of the Regions in Popularizing Entrepreneurship
Overall, there are positive trends in the small and medium-sized business segment, with 18–20% of SMEs implementing a strategy of growth. The number of entrepreneurs looking to expand into new areas has risen. Around 40% report their situation as stable – neither growing, nor shrinking, nor planning to make cutbacks. The microbusiness segment is another matter. Here, most entrepreneurs are implementing a strategy of survival, and their thoughts each month are occupied with how to avoid closing the business. This is quite a worrying picture, given that most small businesses fall under this category. Of the 4 million SMEs, four fifths are microbusinesses