VEB.RF, Sber, and Google Cooperate to Develop SMEs

4 june 2021 года
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At the SPIEF-2021, VEB.RF, Sber, and Google entered into a strategic cooperation agreement.

The document was signed on behalf of VEB.RF by its Chairman Igor Shuvalov, on behalf of Sberbank by its Chairman German Gref, and on behalf of Google by Managing Director of Google Russia Yulia Solovyova. The parties agreed to cooperate in the following areas of business:

  • joint projects with small and medium-sized enterprises (including self-employed persons);
  • joint seminars, lectures, and case studies;
  • sharing experience in the introduction of innovative information technologies in the activities of small and medium-sized enterprises (including self-employed persons).

“BusinessClass project proved to be successful and relevant for Russian entrepreneurs. Accession of the VEB.RF Group to the partnership between Sber and Google will make it possible for small and medium-sized enterprises to use BusinessClass programme and Razvivay.rf platform for new learning and development opportunities. Today, digitalisation is crucial for successful business as well as continuous learning and skills development.”

Igor Shuvalov, Chairman, VEB.RF:

“This year marks the fifth anniversary of our free joint on-line programme BusinessClass for SMEs. The programme counts around one million participants. Since the launch of the programme, they have created more than 14,000 new businesses in various Russian regions, 58,000 jobs, and generated 45 billion roubles in additional tax revenues for budgets at all levels.

We believe that it is a good practice and are ready to share our experience in interdisciplinary learning, financial literacy, entrepreneurship, and new educational technologies with our partners.”

German Gref, CEO and Chairman of Sberbank

“Google highly values its long-term partnership relations with Sber, VEB.RF and Razvivay.rf. The memorandum is a milestone which strengthens the relations and significantly improves financial literacy and Russia’s business environment.”

Yulia Solovyova, Managing Director of Google Russia:

The memorandum already outlines plans to implement several projects. The first one is an on-line training course “Smart Finance. Hands-on Accounting, Taxes and Law for Entrepreneurs”. The course is available at Google and Sber’s educational website BusinessClass with the support of Razvivay.rf, a young and emerging aggregator of business products.

The course comprises 13 classes on specific topics. After each class, students get examples and advice from successful entrepreneurs, lawyers, and accountants. Namely, Efim Kolodkin, CEO of event venues rental service Bash Today, Guzel Gibadullina, Managing Partner and CFO of Gibadullin and Partners, consulting and audit firm.

Experts tell the students how to raise funds to launch their businesses, to choose an efficient pricing model, to optimise taxes, to break-even, and to achieve timely return on investment.

Every graduate will learn to build unique financial models to objectively assess the rate of return and financing required.


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