SMEWG Resources

Russia

Access to Capital for Startups – Opora Russia

Russia shared the current SME development strategies, priorities and opportunities in St. Petersburg.

Center of International Cooperation of SMEs with APEC Economies

Russia presented the initiative to establish an International Cooperation Center in Vladivostok (Russia) for APEC SMEs. The Center would provide the most complete range of services for SMEs in one place, equal rights and opportunities for SMEs in obtaining supports, and provide customer-oriented services that constantly monitor customer satisfaction and requirements.

Development of the National Regional Centers on Promoting Export-Oriented SMEs

It is the presentation on the development of National Regional Centers for promoting export-oriented SMEs in Russia. The main mission of the center is to provide 1) assistance to SMEs in attracting investments and promoting exports; 2) facilitation of SME participation in international events; and 3) assistance in standardization, certification and necessary permissions.

Enhancing SMEs Participation in Global Production Chains by Creation of Common Database

Russia presented its initiative aiming at reating a common information resource for SMEs which could include legislation in the field of entrepreneurial and foreign-economic activity, tariff policy and customs regulations and information on business partners in the APEC region. The results was expected to be reported to the SME Ministers in September 2012.

Evolution of SME support in Russia

To enhance entrepreneurial activity in Russia and to increase the visibility and accessibility of support to SMEs, the Joint-Stock Company Russian Small and Medium Business Corporation (RSMB Corporation) was established in 2015. There are five main activity areas: (i) Providing better access to procurement of companies with state ownership, (ii) SMEs financing support including loans and guarantee support, (iii) Information and marketing support, (iv) Property support, and (v) Legal support.

A 10% quota for procurement from SMEs was established by law for the companies with state ownership, which is monitored by RSMB Corporation. As the result, product range of state-owned companies available for SMEs has increased by 26 times.

National Guarantee System (NGS) based on 3-level model of MSME credit guarantee support was established. If the companies have projects in priority sectors of Russian economy, RSMB Corporation implements a special Program that fixes interest rate on loans amount from 740 thousand USD at 11% for small companies and at 10% for medium-sized companies.

Due to the specific features of Russian SMEs and short history of private business in Russia there was specially designed Business Navigator - a web tool for businesses. Its goal is to help the entrepreneur to find the proper location and the proper type of business to start and where to address to receive information, finance, property and legal support.

Evolution of SME support in Russia

To enhance entrepreneurial activity in Russia and to increase the visibility and accessibility of support to SMEs, the Joint-Stock Company Russian Small and Medium Business Corporation (RSMB Corporation) was established in 2015. There are five main activity areas: (i) Providing better access to procurement of companies with state ownership, (ii) SMEs financing support including loans and guarantee support, (iii) Information and marketing support, (iv) Property support, and (v) Legal support.

A 10% quota for procurement from SMEs was established by law for the companies with state ownership, which is monitored by RSMB Corporation. As the result, product range of state-owned companies available for SMEs has increased by 26 times.

National Guarantee System (NGS) based on 3-level model of MSME credit guarantee support was established. If the companies have projects in priority sectors of Russian economy, RSMB Corporation implements a special Program that fixes interest rate on loans amount from 740 thousand USD at 11% for small companies and at 10% for medium-sized companies.

Due to the specific features of Russian SMEs and short history of private business in Russia there was specially designed Business Navigator - a web tool for businesses. Its goal is to help the entrepreneur to find the proper location and the proper type of business to start and where to address to receive information, finance, property and legal support.

Improvement of Business Environment and SMEs Internationalization (Russia)

It gave a brief overview of the sphere of SMEs in Russia and of the key measures of SME support aiming at reducing administrative burdens, stimulating demand for SME products, and providing SMEs with access to finance and the world market. The presentation also highlighted the importance of creating conditions for innovative activities in the SME sector.

Inclusive Growth through Greater Involvement of SMEs into B2B and B2G Markets

This project seeks to promote and encourage the participation of SMEs in international supply chains in B2B markets and in domestic B2G markets through systemizing opportunities and sharing best practices.

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Inclusive growth through greater involvement of SMEs into B2B and B2G markets (SME 04 2016S)

The main goal of the research is to systemize the practices of APEC economies in the field of cooperation of SMEs with corporate and public sector. The typical barriers that SMEs face in their cooperation with corporate and public sectors as suppliers are mostly related to financial issues. At the same time corporations and public sector identified limited production capacities, insufficient quality standards, incomparability of technical tools and difficulties in communication with foreign partners as the main barriers. The survey also reveals information on opportunities for foreign SMEs to participate in public procurement; share of SME in public procurement, special regulations for access of SMEs; systemized open source of information online available for SMEs.

IP Commercialization for SMEs

The project is implemented within the "Initiative to facilitate the exploitation of IPRs and innovation in SMEs", proposed by Korea and Mexico. The goal of the project is the exchange of experience on best practices in IP management and commercialization for SMEs. The objectives of the projects are:

1) to develop a seminar agenda that is focused on IP commercialization where IP commercialization experts from different APEC economies can identify problems that SMEs face in commercializing their IP;

2) to discuss the ways of solving the problems that SMEs face in certain economic aspects of IP field during 3-day seminar in 2018 in Russia;

3) to identify the best practices on IP management and commercialization for SMEs and further activities to address the needs of SMEs in the IP field in APEC region. 

Representatives of government authorities (policy makers/ government officials), non-governmental organizations and research institutions, who deal with the SMEs issues in IP field, as well as representatives of associations/unions of SMEs will be invited to take part in the seminar.

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Research and Assessment of Prospects for Development of an Integrated Information Tool to Stimulate Involvement of SMEs of the Asian-Pacific Region into the Global Trade System, Global Production and Supply Chains

Russia briefly reported on their main project stages and expected results, as well as the main findings of the following implemented studies: (1.) research and analysis of various relevant international information resources for SMEs (web-sites / databases, etc.), and (2.) research and analysis of Russian SME’s (as a pilot group) needs and demands in relation to such an information resource.

Singapore

Building a Vibrant E-Commerce Business Environment in Singapore

Singapore shared its experience in building a vibrant e-commerce business environment. The growth of e-commerce market, especially in ASEAN, had brought about new opportunities for retailers. Singapore had developed 3 strategies - build enterprise e-commerce capabilities, strengthen infrastructure and network for economies of scale and help retailers capture e-commerce market potential. Government could support retailers by developing the digital infrastructure and facilitate retailer’s partnership with private sectors in developing e-commerce platforms. On the other hand, retailers had to strengthen its e-commerce capabilities and capture market opportunities presented by the established network of partners, especially in APEC.

Building a Vibrant E-Commerce Business Environment in Singapore

Singapore shared its experience in building a vibrant e-commerce business environment. The growth of e-commerce market, especially in ASEAN, had brought about new opportunities for retailers. Singapore had developed 3 strategies - build enterprise e-commerce capabilities, strengthen infrastructure and network for economies of scale and help retailers capture e-commerce market potential. Government could support retailers by developing the digital infrastructure and facilitate retailer’s partnership with private sectors in developing e-commerce platforms. On the other hand, retailers had to strengthen its e-commerce capabilities and capture market opportunities presented by the established network of partners, especially in APEC.

Enhancing SME Innovation Through Technology Transfer

Singapore shared its experience in enhancing SME innovation through technology transfer. Singapore built up partnership networks and infrastructure to enhance SME innovation development, e.g. the Partnerships for Capability Transformation (PACT) and Technology for Enterprise Capability Upgrading (T-UP). Singapore also shared information about infrastructures established to provide assistance to SMEs in developing innovative products and services.

Final Report for APEC Study on Export Technical Assistance Models

Singapore updated on the APEC Business Fellowship and APEC Study on Export Technical Assistance models, and proposed that the APEC SME Research & Capability Development Centre project be re-scoped as a study of SME Internationalisation Best Practices to identify best practices for adoption by member economies.

Market Access and Internationalization

Singapore reported on progress of activities under “market access and internationalization” which was expected to constitute a part of the SMEWG Strategic Plan 2013 -2016.

Report on Progress of Activities Under Market Access and Internationalisation

Singapore reported on progress of activities under “market access and internationalization”

Sharing of Best Practices in the Priority Area of - Business Environment, Market Access and Internationalisation

ingapore shared two initiatives for fostering industry-wide collaboration: 1) Collaborative Industry Projects (CIP) and 2) Partnerships For Capability Transformation (PACT). CIP supports consortia collaboration to develop scalable solutions with potential for mass adoption by industries. The PACT scheme encourages partnerships between global manufacturers and SMEs to facilitate knowledge transfer, innovation and productivity enhancements within supply chains.

Singapore’s Experience in Helping SMEs Build Innovation Capabilities

Singapore shared their experience about how innovation could help SMEs operate more efficiently and increase revenue. Singapore also explained its sectoral approach in developing innovation infrastructure and making intellectual property more accessible to SMEs. In addition, Singapore also pointed out how SMEs could partner larger companies to innovate and highlighted key emerging technology areas to look into in the coming years

Singapore’s Experience in Helping SMEs Build Innovation Capabilities

Singapore shared their experience about how innovation could help SMEs operate more efficiently and increase revenue. Singapore also explained its sectoral approach in developing innovation infrastructure and making intellectual property more accessible to SMEs. In addition, Singapore also pointed out how SMEs could partner larger companies to innovate and highlighted key emerging technology areas to look into in the coming years

Singapore’s Study on APEC SME Internationalisation Best Practices

Singapore presented on the progress of the "APEC Study on SME Internationalization- Best Practices" initiated in 2010. Phase 1 & 2 of the project involving eight selected APEC economies had been completed. Phase 3 which studied the best practice models beyond the APEC region was in progress

Singapore’s Study on APEC SME Internationalisation Best Practices

Singapore presented an update of the “Study on APEC SME Internationalisation Best Practices”. A workshop covering the results of the study on the four pilot economies (Chinese Taipei, Japan, Singapore and the United States) reviewed in phase one of the study was organized on 28 Sep 2010 in Gifu, Japan. The study would continue in the APEC-funded phase two with a scanning of the available programmes, comparison, gap analysis and solution development.

Start, Scale, Soar: Supporting the Growth Journey of Start-ups

ingapore shared its strategies to support the growth journey of start‐ups, which was summarized under “Start, Scale, Soar”. By creating an environment where budding entrepreneurs can start and thrive (“Start”), with the right infrastructure and partners to maximize their chances of success (“Scale”); and providing overseas networks and opportunities to facilitate internationalization (“Soar”). Singapore encouraged greater linkages between start‐up communities and incubators within APEC.

Trade Barrier 2: Lack of Capacity to Internationalize and Difficulty in Identifying Foreign Business Opportunities

Singapore presented the recommendations to address “Trade Barrier 2: Lack of Capacity to Internationalize and Difficulty in Identifying Foreign Business” in the proposal for “Addressing Barriers to Trade for Small and Medium Enterprises in APEC” endorsed by APEC Ministers in May 2011. The recommendations were largely based on the APEC Internationalization Best Practices Study project that was commissioned by the SMEWG.

Update on Singapore’s Projects for Market Access and Internationalisation

Singapore gave an update on APEC SMEWG initiatives relating to market access and internationalisation. Gaps identified in this area were i) SMEs’ lack of access to information on market opportunities; ii) need to enhance SMEs’ market development and promotion skills; and iii) need for more collaboration to identify and address barriers to SMEs’ full participation in international trade markets within the APEC region.

Chinese Taipei

APEC Accelerator Network for Early-Stage Investment

Chinese Taipei updated the progress of “APEC Accelerator Network (AAN) for Early‐Stage Investment”. The AAN Forum I was held on June 8 2015 and the AAN Forum II would be organized on September 22 in thePhilippines. The 2015 APEC Challenge on October 19‐20 in Chinese Taipei was looking for start‐ups specialized in four technology applications.

APEC Accelerator Network for Early-Stage Investment (SME 01 2014)

This project provided a mentorship-driven platform for start-ups to connect with the trusted partners and smart money in APEC. There were over 90 start-ups selected as finalists of APEC Challenge and secured totally over 50 million USD early-stage investments since 2013. The conclusion was that the next steps to further facilitate SME’s growth and access to regional and global market are: (i) to optimize the conducive innovation environment; (ii) to enhance digital competitiveness; and (iii) to capitalize on O2O opportunities for innovative start-ups and SMEs through PPP.

APEC Accelerator Network for Early-Stage Investment (SME 01 2014)

This project provided a mentorship-driven platform for start-ups to connect with the trusted partners and smart money in APEC. There were over 90 start-ups selected as finalists of APEC Challenge and secured totally over 50 million USD early-stage investments since 2013. The conclusion was that the next steps to further facilitate SME’s growth and access to regional and global market are: (i) to optimize the conducive innovation environment; (ii) to enhance digital competitiveness; and (iii) to capitalize on O2O opportunities for innovative start-ups and SMEs through PPP.

APEC Online-to-Offline (O2O) Initiative: Enhancing SME Digital Competitiveness and Resilience Towards Quality Growth

The project is identified as one of the existing efforts undertaken by APEC in promoting digital economy. Five O2O serial events held in Malaysia, Chinese Taipei, Viet Nam and the Philippines in 2017, expected to establish an expert network, formulate the APEC SME digital resilience training guidebook, enhance SMEs’ capabilities to seize digital opportunities and well prepare for the challenges via cross fora collaboration.

APEC Online-to-Offline (O2O) Initiative: Enhancing SME Digital Competitiveness and Resilience Towards Quality Growth

The project is identified as one of the existing efforts undertaken by APEC in promoting digital economy. Five O2O serial events held in Malaysia, Chinese Taipei, Viet Nam and the Philippines in 2017, expected to establish an expert network, formulate the APEC SME digital resilience training guidebook, enhance SMEs’ capabilities to seize digital opportunities and well prepare for the challenges via cross fora collaboration.