SMES POWERING GLOBAL COMPETITIVENESS

SMES POWERING GLOBAL COMPETITIVENESS

24 May, 10:00–11:15


SMEs account for more than 50% and up to 70% of GDP in the United States and the EU, respectively, whereas in Russia, they account for only about 20%. What should be the future role of small and medium-sized businesses in driving the next generation of growth and development in Russia? What regulatory policies, including access to reasonably priced finance, are needed to ensure the proliferation of small and medium-sized enterprises in the Russian economy?
















Key moments

“Small business is the most elastic and flexible part of the economy from where innovations can bloom.”
Alexander Potapov
“SMEs are the backbone of sustainable growth, and provide the long-term prosperity of society.”
Pieter Boone