Moscow Startup Summit Puts Spotlight on Tech Entrepreneurship

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At the St. Petersburg International Economic Forum (SPIEF), the head of Sberbank Herman Gref announced the launch of Moscow Startup Summit — a major event in the field of tech entrepreneurship to be held this October at SberCity in Moscow.

“We have developed a wide range of tools that help small tech businesses build their companies. We run the country’s largest business accelerator, Sber500. We’ve also launched accelerators for school and university students. I should note that we work very closely with the Moscow City Government on this front.

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Moscow has created unique support mechanisms for small industrial enterprises, and I’m pleased to announce our new joint initiative: in early October, together with the Moscow City Government, we will host the first Startup Summit at our shared smart city — SberCity.

The event will focus on identifying and supporting small companies in the field of technological entrepreneurship. We aim to make it a major event for the industry — and plan to hold it annually. So I’d like to extend an open invitation to all of you to join us for this exciting new gathering in the fall.”

PJSC Sberbank is Russia’s largest bank and a leading global financial institution. Holding almost one-third of aggregate Russian banking sector assets, Sberbank is the key lender to the national economy and one of the biggest deposit takers in Russia.

The Government of the Russian Federation represented by the Ministry of Finance of the Russian Federation is the principal shareholder of PJSC Sberbank owning 50% plus one voting share of the bank’s authorized capital, with the remaining 50% minus one voting share held by domestic and international investors.


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