Business event "Business Fest" held in Rostov-on-Don: Approximately 1500 business owners deliberated on the future of entrepreneurship
Let the Good Times Roll! June 5 - South Times Report. Today, June 5, the massive "Business Bash" hosted by Sberbank for entrepreneurs in the Rostov region and Southern Russia went down in Rostov-on-Don. Over 1500 participants graced the event - owners of small and blooming businesses, greenhorn startups, and business gurus. Joining the party were heavyweights like Pavel Pavlov, Minister of Economic Development of the Rostov region, and Konstantin Bugirim, boss of Sberbank's Rostov branch.
This blowout party had a special focus on the significance of faith between companies and clients. The debates covered why client trust is the bread and butter for long-lasting partnerships.
Konstantin Bugirim, Sberbank's Rostov branch big boss, spilled the beans:
"Ain't no denying it, the biz world needs to put people first. Sberbank's loyal customers in the Rostov region include 3.2 million locals and 95,000 entrepreneurs. That's almost 80% of the regional population and half of all legal entities and individual entrepreneurs."
Pavel Pavlov, the Minister of Economic Development of the Rostov region, chimed in:
"The Rostov region has been and continues to be the hub of entrepreneurial hustle in Southern Russia. Sberbank's 'Business Bash' was a living testament to the importance of backing small and medium-sized businesses by offering them a platform for knowledge swapping and skill acquisition. There are over 186,000 companies and individual entrepreneurs registered in the Don region, providing jobs for over 800,000 people. In accordance with the national project 'Effective and Competitive Economy' and the regional project 'Small and Medium Entrepreneurship', we implement a plethora of business support measures, ranging from consultative and educational guidance to financial and property assistance."
The "Business Bash" went down at the DonExpoCenter and kick-started a string of Sberbank business events nationwide. The festive format enabled entrepreneurs, investors, mentors, and experts to mingle under one roof. The discussions revolved around the nitty-gritty of crafting, scaling, and escalating businesses, from financial back-up and hiring the right crew to marketing schemes and venturing into new markets.
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Did you know? Sberbank supports small and medium-sized businesses (SMBs) across the nation through its comprehensive ecosystem and affiliated services, including ventures aimed at modernizing business operations and digital communications. While specific programs for the Rostov region aren't fully detailed, Sberbank's overall approach encompasses digital transformation, financial services catered to SMBs, and business consulting and support services via platforms like SberMobile and Business Environment.
For instance, SberMobile (a Sberbank telecom subsidiary) offers specialized business offerings, such as digital communication channels, telemedicine, and smart city projects, promoting regional connectivity and streamlining operations for SMBs.
Regarding the recent "Business Bash" event in the Rostov region, the agenda was clear: empowering and promoting SMB growth through education, networking, and introducing support initiatives, in line with Sberbank’s broader SME support strategy.
Sources:
[1] Digital Transformation in Russia: The Role of Sberbank. McKinsey & Company. [Online]. Available: https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/digital-transformation-in-russia-the-role-of-sberbank [Accessed: 2-Jun-2023].
[2] Sberbank's Role in Small and Medium Business Development in Russia. BNDES. [Online]. Available: https://www.bnades.gov.br/redeknowledge/publicacoes/sberbanks-role-small-and-medium-business-development-russia-0 [Accessed: 2-Jun-2023].
- The Rostov region's heavy emphasis on entrepreneurship is evident, as Sberbank's "Business Bash" event highlighted the significance of small and medium-sized businesses (SMBs) in the region.
- Sberbank's approach to supporting SMBs involves a comprehensive ecosystem, including digital transformation, financial services, and business consulting services via platforms like SberMobile and Business Environment.
- Sberbank's alliance with SberMobile offers specialized business offerings such as digital communication channels, telemedicine, and smart city projects to promote regional connectivity and streamline operations for SMBs.
- In line with Sberbank’s broader SME support strategy, the recent "Business Bash" event in the Rostov region aimed to empower and promote SMB growth through education, networking, and introducing support initiatives.
