RTF signs memorandum of understanding with SME Corporation

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RTF signs memorandum of understanding with SME Corporation

During the XIII Krasnoyarsk Forum, SME Corporation General Director Alexandr Braverman and RTF General Director Vadim Kulikov signed a memorandum of understanding between the Federal Corporation for the Development of Small and Medium-sized Enterprises and RTF. The memorandum was signed in the presence of Russian Federation State Secretary/Deputy Minister of Economic Development O.V. Fomichev, representatives from the Agency for Strategic Initiative and the Russian Federation Chamber of Commerce and Industry, regional heads and heads of corporations with government participation.

The signed agreement intends to help create an effective system for stimulating the development (“growing”) of small and medium-sized enterprises in Russia, especially producers of high technology and innovative products.

The participation of RTF experts will help discern the needs of developing technology companies and develop competitive government mechanisms that will enable SMEs to become suppliers for state companies identified by the Russian Federation government.

RTF experts have developed a methodology for “growing” SMEs, which includes:

1. Analyzing companies in several areas, including their ability to develop and produce needed products.
2. Identifying problem areas in evaluating the maturity of the managing team and staff, the company’s business planning, and access to financial resources.
3. Implementing solutions that help the company grow to a level that meets the needs of clients. This is related to increasing production system efficiency, including via partnerships, experience exchanges and joint development; developing a strategy and business plan; supporting the process of attracting external financing; improving the company’s image.

Reference: The SME Corporation was created in accordance with Russian Federation Presidential Decree №287 of June 5, 2015, “On measures to further develop small and medium-sized enterprises.” One of the priority tasks of the corporation is to increase the share of SMEs in government procurement to 25%. News about the signing of the memorandum has been published on the SME Corporation website.


Publication date: 18.02.2016

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