The plus points of Made in Moscow

The plus points of Made in Moscow
Photo: Photo by the Mayor and Moscow Government Press Service. Yevgeny Samarin
The Made in Moscow brand and business support programme provides for financing up to 100 percent of the cost of business participation in some of the world’s leading industry fairs and it also tries to bring Russian entrepreneurs together with potential foreign partners and investors.

The city supports exporters at all stages whether it be subsidies, incentives, training workers or creating modern infrastructure. The Made in Moscow programme is designed to promote goods produced by local companies on international markets. As many as 400 companies will join it in 2019, Deputy Mayor and Chief of the Moscow Mayor and Moscow Government Staff Natalya Sergunina pointed out.

“This year alone, 400 companies will join this project. Over a period of the last couple of years slightly over 400 companies have been helped by us. They represented Moscow at 21 technology fairs in places like Germany, France, Spain, Finland and the UAE, where they signed contracts to the tune of some 753 million roubles. Another 450 contracts worth approximately 2.5 billion roubles are in the pipeline,” the deputy mayor noted.

For the first time ever, the project’s business calendar for 2019 was compiled based on online voting by exporters.

“The companies have chosen 25 international fairs that they are interested in from a list of 140. There is a wide range of fairs held all over the place including Europe, Asia and Latin America that cover a great deal of sectors, from IT and electronics to industrial technology, medicine, fashion and design,” Natalya Sergunina added.

She said that Moscow as an international intellectual and financial centre has opted for non-commodity and non-energy exports and has promptly surged ahead of the other Russian regions. Moscow-based companies produce and export products in over 7,000 classes to more than 180 countries, including in the field of optics, electronics, medical equipment, IT solutions and other sorts of technology.

As part of the Made in Moscow programme, which was launched in 2016, the city finances up to 100 percent of the cost of business participation in the world’s leading industry fairs and also organises the entrepreneurs’ business meetings with potential foreign partners and investors.