Entrepreneurial economy in Russia: Role of entrepreneurs in the economy

By: Victor Sedov, U.S.-Russia Center for Entrepreneurship on June 14, 2011

Modern Russia spoke with Victor Sedov, the president of the U.S.-Russia Center for Entrepreneurship about the organization’s role in helping Russia develop an entrepreneurial economy. The brainchild of the U.S.-Russia Investment fund, the center was intended to spur entrepreneurship education in Russia at a time when this concept was just starting to catch on.

Mr. Sedov sees the role of entrepreneurs in the economy as being crucial to Russia’s economic growth and social development. In his estimation, the opportunity for Russia’s entrepreneurship is “basically incredible” with the center working to foster this potential through programs focusing on networking and more hands-on training to help business-owners successfully manage growth.

The center will be hosting its annual conference, “Entrepreneurs as Leaders in Business and Society,” on June 23, offering a platform for participants to share their best practices and learn first-hand how the role of entrepreneurs in the economy helps shape Russia’s society for the better by creating national wealth and spreading entrepreneurial spirit. The center’s unique model for this conference helps put the focus on networking and peer-to-peer learning, which has proven invaluable to sharing best practices. Check back here for highlights from the conference.