Russia’s New Horizons
Pavilion 4, Conference Hall 4.1

SMEs are a fundamental and growing element of the economic fabric, accounting for 17% of the Russian GDP and employing about a quarter of the Russian workforce. The past decade has seen substantive efforts to nurture this sector through regulatory reforms, easing of the tax burden, cutting red tape and providing financial incentives – but is it enough? What further measures can be taken by the government to unleash entrepreneurial potential in Russia? What can and should be done to support Russian SME efforts to go global?

Alexander Brechalov , Co-Chairman, All-Russia People's Front; Secretary, Civic Chamber of the Russian Federation

Sergei Borisov , Vice President for Small Businesses Development, Sberbank
Artem Konstandyan , President, Promsvyazbank JSC
Peter Lindholm , Lead Innovation Advisor, The World Bank
Sergei Morozov , Governor of Ulyanovsk Region
Andrey Nikitin , Acting Governor of Novgorod Region
Michael Harms , Managing Director, German Committee on Eastern European Economic Relations

Alexey Repik , President, Delovaya Rossiya (Business Russia)
Nikita Belykh , Governor of the Kirov Region
Alexander Galushka , Minister for the Development of the Russian Far East
Alexey Repik , President, Delovaya Rossiya (Business Russia)
Andrei Sharonov , Dean, Moscow School of Management SKOLKOVO

Key moments

The state should take on a more active role, at all levels, from the municipal to federal government, to incentivize and develop entrepreneurship, to create the infrastructure… government should be a driver of business.
Alexander Brechalov
If you want to have innovative regions, let’s start with innovative administration.
Peter Lindholm
Small business in the municipalities is not just of economic value; it is also a major social part of our life.мо
Sergei Morozov
It would be correct for the state authorities to officially fix in the legislation a “grandfather clause” in relation to foreign investment: we do not have the right to worsen the situation with small business after a decision is taken.мо
Sergei Morozov