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The SME Forum takes place on the starting day of the St. Petersburg International Economic Forum – 2021.

First Deputy Prime Minister Andrei Belousov at the St. Petersburg International Economic Forum – 2021

First Deputy Prime Minister Andrey Belousov spoke at the presentation of the new strategy of the SME Corporation for 2021–2025, which was presented at the VI Russian Forum of Small and Medium Enterprises.

Andrey Belousov listed the main requests of small and medium-sized businesses to the state.

“First, we need to help entrepreneurs enter small business. We have about 1 million small businesses annually. However, taking the risk of becoming an entrepreneur is difficult. Second, it is necessary to help the development of those enterprises that have already been formed. The average lifespan of a small enterprise in our country is now three years, which is rather short. In developed countries, it is four to five years. The third is a comfortable relationship with the state. These relations should not be burdensome for business, ”said Andrei Belousov.

First Deputy Prime Minister Andrey Belousov, General Director, Chairman of the Board of JSC “Corporation” SME “Alexander Isaevich and Chairman of” VEB.RF “Igor Shuvalov at the St. Petersburg International Economic Forum – 2021

At the presentation, the Development Institute outlined the main proposals for solving key tasks for the development of SMEs, such as the digitalization of support measures, the expansion of financial support instruments, the expansion of demand for SME products, educational support, and the development of dialogue with entrepreneurs.

The event was attended by Igor Shuvalov, Chairman of VEB.RF, and Alexander Isaevich, General Director of SME Corporation.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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