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Sustainable Entrepreneurship in the Nizhny Novgorod Region

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Case Study presentation: Sustainable Entrepreneurship in the Nizhny Novgorod Region
Prof. Igor Arzhenovskiy, RCE Nizhny Novgorod
11th Global RCE Conference
7-9 December, 2018
Cebu, the Philippines

Published in: Government & Nonprofit
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Sustainable Entrepreneurship in the Nizhny Novgorod Region

  1. 1. Regional Centre of Expertise Nizhny Novgorod Sustainable Entrepreneurship in the Nizhny Novgorod region Prof. Dr. I. Arzhenovskiy Dr. Igor Arzhenovskiy RCE Nizhny Novgorod 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018
  2. 2. The Nizhny Novgorod agglomeration with the population over 2 million people is the third according to size in Russia We are here 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 RCE Nizhny Novgorod Dr. Igor Arzhenovskiy
  3. 3. Relevance of the project 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 RCE Nizhny Novgorod Dr. Igor Arzhenovskiy Sustainable Entrepreneurship Better and socially more fair society Small and medium-sized enterprises Innovative enterprises (start-ups) Environmental, social, financial and political sustainability
  4. 4. Objectives of the project . 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 RCE Nizhny Novgorod Dr. Igor Arzhenovskiy The objectives of the project are:  to provide knowledge and skills in which Entrepreneurship is determined by: i) innovation and management, ii) skills and attitude, iii) sustainable development, and iv) learning by doing (action learning);  to provide a program included in sustainable business goals in which the following issues are essential: i) 3 p's (people, planet, profit) – Corporate social responsibility, ii) continuity of business;  to provide an innovative program with access to seasoned entrepreneurs, connections with potential investors and a supportive community fostering cross- border and cross-network investments Priority Action Areas 2 of the GAP on ESD: Transforming learning and training environments Thus, the project have a direct focus on:
  5. 5. Dr. Igor Arzhenovskiy Nizhny Novgorod Region and City AdministrationNIM of RANEPA NNGASU NGO Social Rehabilitation NGO NIC SENEX RCE Nizhny Novgorod IT Park Ankudinovka Mass MediaNIBI Clever 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 RCE Nizhny Novgorod Core stakeholders of the project
  6. 6. 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 RCE Nizhny Novgorod Dr. Igor Arzhenovskiy Our activities Our activities include: - direct and indirect consulting; - dialogues, interviews, questionnaires; - short-term trainings; - feedback. Chronologically, the stages are as follows: exploring the problem, data collection and analysis, setting goals, selecting the best action for their implementation, evaluation of the results. Such questions like developing a business plan, searching for investments or grants for a start-up, preparing a presentation for investors, developing effective marketing communication program in the social networks, as well as any other issues related to specific business could be discussed during the consultations. Consultations are limited to a certain period, from one to six months in each case. FormalandNon-formallearning
  7. 7. 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 RCE Nizhny Novgorod Dr. Igor Arzhenovskiy Some examples
  8. 8. 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 RCE Nizhny Novgorod Dr. Igor Arzhenovskiy Interim results Currently considered 24 start-ups represent various fields of activity as well as innovative and venture start-ups, "home“ and on the basis of medium and large existing enterprises (outsourcing). The project helps to modernize the regional labour markets, i.e. adapt to the demands of the modern economy, to improve the quality of human capital and the innovative potential of the territories. 3 regional business incubators are involved in the project. Very important for all participants is to see how you can connect innovation, education, people and companies integrated in the local society in the framework of entrepreneurship (the knowledge triangle). The incubators have become centres of innovation support and thus they affect sustainable regional development through the creation of the information points for sustainable entrepreneurship, stimulation and supporting start- ups with a focus on sustainability in the Nizhniy Novgorod region. Also, there is a positive correlation between the number of startups and regional growth.
  9. 9. Conclusion Key message: most start-ups are able to integrate sustainable production and sustainable development into their operations. This proves the viability of the idea of sustainable development, including the production and innovation sphere Some start-ups have the typical shortcomings: extremely optimistic sales plan; insufficiently clear definition of the target group; poor quality of the financial plan; weak assessment of risks or its total absence. Our next steps: series of seminars/ trainings to familiarize/ inform start-ups about  the possibilities of sustainable development and green innovative economy,  the possibilities of obtaining organizational, methodological, financial and other assistance in the regions,  the goals and objectives of the regional infrastructure for supporting small and medium-sized innovative businesses. We hope that the project contributes to the partial solution of the above problems. 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 RCE Nizhny Novgorod Dr. Igor Arzhenovskiy
  10. 10. 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 RCE Nizhny Novgorod Dr. Igor Arzhenovskiy Implementing the SD Goals – Russia (Eastern Europe and Central Asia)
  11. 11. Dr. Igor Arzhenovskiy RCE Nizhny Novgorod 11th RCE Global Conference Education for the Sustainable Development Goals Cebu, Philippines December 7-9, 2018 Thank you for your attention! Contacts: Professor Dr. Igor Arzhenovskiy International Institute of Business Technologies, Nizhny Novgorod State University of Architecture and Civil Engineering Теl.: +7-831-4373692 E-Mail: igor.arzhenovskiy@gmail.com Internet: www.nngasu.ru

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