You’ve Got To Invest In Russia’s Entrepreneurs

Russian entrepreneur Alexei Beltyukov says that the nation of Russia can turn its economy around by investing in its most valuable resource, its own people. Growing up in the Soviet Union, Alexei Beltyukov lacked the support he needed to found and grow a business. Now he heads the Skolkovo Foundation, a non-profit group that helps budding companies in Russia get off to get a good start. Skolkovo Foundation provides much needed capital, access to a network of professionals and investors and advice on how to proceed in a business.

Alexei Beltyukov sees Russia’s economic woes as a sign that the country is too closely tied to exports of oil, caviar and weapons. A drop in the price of these items or sanctions against the country literally has crippled Russia’s economy and made it stagnate. It does not have to be this way according to Alexei Beltyukov. Russia can have a more vibrant and stronger economy that is more stable. Entrepreneurs and new businesses are the creators of Alexei’s vision of a stronger, more stable and less shock prone economy.

Mr. Beltyukov’s philosophy is simple. The government should help entrepreneurs and businesses especially in technology and business. This will in turn create jobs for the people. It will also stimulate other parts of the economy. Another plus side to having entrepreneurs and businesses taking off in Russia is that it will attract foreign investment and capital. Right now foreign investment is leaving Russia at a record pace.

Alexei Beltyukov has a number of ventures in Russia. They are Brunswick Rail Leasing, which is a company that leases freight train locomotives for the transport of goods throughout Russia. Another ventures is an auto body repair company called Mechanicus. New Gas Technologies looks to make further use of Russian petroleum production by creating additional products from this industry.  Be sure to follow Alexei on Google +.