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Igor Shuvalov Takes Part in Plenary Session of Small Business – National Project! Forum

OPORA RUSSIA All-Russian Public Organisation of Small and Medium Business held an entrepreneur forum in Moscow on 23 October 2018. The forum is designed to discuss and popularise the national project of small and medium-sized businesses and provide support for individual entrepreneurship.

In his speech, Igor Shuvalov told the forum participants about the involvement of Vnesheconombank and other development institutions in implementing the development agenda outlined in the May presidential decree.

Vnesheconombank’s Chairman said: “We are currently creating a uniform platform to demonstrate common tools of development institutions. We are concentrating our efforts on ensuring that all measures of administrative and financial support will be consolidated by March. This will be an end-to-end product. This will enable us to help exporters, help manufacturers. Through a network of regional banks, we will support small and medium-sized businesses.”

An important objective at this stage is to develop a modern urban economy. “A comfortable urban environment is dependent primarily on micro and small businesses. The government and a municipality can invest in the infrastructure needed by a town. But the comfortable urban environment proper depends on small businesses. In cooperation with Russian Small and Medium Business Corporation, SME Bank and other participants (Sberbank, VTB) we are currently considering what we can give to those involved in Russia’s urban infrastructure modernisation programme. This is what will help Russian towns to grow faster, ensure new quality of life through the growth of a local economy. This is high on our list of priorities,” Igor Shuvalov emphasised.