Participants in the Moscow 2030 forum will discuss the prospects of development of the capital’s economy

The development of business and industry is the main driver of Moscow’s economy. The capital is strengthening its position as a key economic center through innovative solutions, support in the form of grants and subsidies, and the introduction of new technologies. Experts will discuss the development prospects of the capital’s economy and industry at the Territory of the Future. Moscow 2030 forum.

One of the key objectives of Moscow’s business development strategy for the period until 2030 is to create and implement advanced technological developments. An important step in the formation of the innovation ecosystem was the creation of the Moscow Innovation Cluster in 2018 and the launch of the i.moscow digital platform. These tools provide entrepreneurs with access to grants, soft loans, educational programs, and services to help with the registration of intellectual property. Since the Moscow Innovation Cluster began operating, its participants have attracted almost 49.1 billion rubles in private investment, and more than 9,800 companies have received over 20.5 billion rubles in grants and subsidies.

Moscow was one of the first regions of Russia to introduce preferential lending programs. The system includes five directions: two specialized ones (loans to support intellectual property development and export activities) and three for priority sectors of the economy, and provides for preferential loans of up to 30 million rubles, online loans of up to five million rubles and preferential factoring of up to 100 million rubles. In addition, since 2006, the Moscow Guarantee Fund has supported entrepreneurs by issuing about 21 thousand guarantees. This has helped businesses attract more than 399 billion rubles in financing.

The Territory of the Future. Moscow 2030 forum provides more information about business development, innovation and the capital’s economy. For example, in the Economy of Moscow interactive pavilion in the Muzeon Art Park visitors can try their hand at working in the role of an anti-crisis manager of a printing house, and also try out the high-tech professions of the future. Here young entrepreneurs share stories about how they built their first business and create new products, while economists and other experts talk about tax regimes, intellectual property protection tools and methods for testing new ideas.

The new campus of the Bauman Moscow State Technical University is hosting discussions on education and science. It is home to the Cloud Cities technological progress zone. Visitors can find out what ideas and developments are determining the shape of the future and the living conditions of new generations in Moscow. The site has a hall for professional dialog between representatives of science, business and politics. Here they discuss ideas, develop different development scenarios, and analyze the challenges and opportunities associated with digital and social transformation.

The meetings pay special attention to forecasts and strategic approaches that will help set the course for the capital’s technological future. For example, on September 4, there will be a discussion entitled The City as a Platform for Innovation: Launching, Scaling and Integrating. Participants will discuss the interaction between government and business. Speakers will also share their experience in launching pilot projects and scaling up the best solutions.

Those interested in learning more about events dedicated to the capital’s economics, business and innovation sectors can visit the website of the Territory of the Future. Moscow 2030 forum.

Moscow is a city where the technologies of the future are already being applied in the present. Children play on high-tech sports fields, learn through innovative technologies, and make use of suggestions from artificial intelligence systems. Adults operate robots in manufacturing facilities, navigate the city using state-of-the-art public transport, receive advanced medical care, and more.

Even more innovations can be found at the large-scale Territory of the Future. Moscow 2030 forum. It is being held as part of the Summer in Moscow project until September 14. Dozens of venues present cultural, sports, educational and other events dedicated to the development of one of the world’s most modern megacities. Information about the venues and detailed program can be found on the official website of the forum.