Victor Sedov General Director Center for Entrepreneurship LLC Developing Sustainable Entrepreneurial Cities in Russia USRBC Annual Meeting 2017 Panel: The Future of the Russian Workforce: Preparing for Sustainable and Healthy Growth Victor Sedov General Director Center for Entrepreneurship LLC
Creating Value for Eco-System Stakeholders CFE develops city-based ecosystems that promote long-term change in their communities through innovation and entrepreneurship Creating Value for Eco-System Stakeholders Growth Entrepreneurs All Stakeholders Faculty Students Start-ups
10 Network Learning Events Minimum of 18 meetings with a mentor ScaleUp Accelerator Flagship Program For Cities Trainings 10 interactive seminars Networking 10 Network Learning Events Final Invest Session Mentoring Minimum of 18 meetings with a mentor A nine month acceleration program that immerses entrepreneurs in trainings, networking events, and matches them with a mentor to facilitate company growth, while building a more healthy metro-based entrepreneurial eco-system 9 months, 150+ new contacts
ScaleUp Accelerator International ScaleUp Movement Scaling by Design
ScaleUp participants paired with mentor ScaleUp Accelerator Mentoring Component: There is no better teacher than experience ScaleUp participants paired with mentor Mentor shares experience, knowledge, consults and provides moral support Mentor Criteria: 5+ years entrepreneurial experience 3+ years of at least 40 million rubles annual revenues
Finance for Non-financial Managers ScaleUp Accelerator Training Component: All trainers experienced entrepreneurs Strategic Planning Marketing Internet Marketing Sales Management HR Management Leadership Cash Flow Management Finance for Non-financial Managers Raising Capital Presenting to Investors
Mini-Conferences: Invest Session: ScaleUp Accelerator Breakfast Networking Component: Over 150 new contacts Mini-Conferences: Breakfast Presentations Q&A Networking Invest Session: Coffee/tea Participant presentations Potential Investment
50% annual revenue growth ScaleUp Accelerator Outcomes First Cohort: Tomsk, Tyumen, Kirov, Krasnodar, Voronezh 110 jobs created 50% annual revenue growth Kirov 8 14% Krasnodar 15 50% Tomsk 22 83% Tyumen 52 80% Voronezh 13 8% 8
Eco-system Development National and International Events for City Stakeholders ScaleUp Summit Global Entrepreneurship Congress G20 Young Entrepreneurs’ Alliance Summit
Center for Entrepreneurship LLC Questions? Victor Sedov General Director Center for Entrepreneurship LLC e-mail: vsedov@cfe.ru