Category Archives: INSEAD

The Career And Contributions Of Alexei Beltyukov To The Russian Economy

Alexei Beltyukov is now a famous and highly respected entrepreneur in the country of Russia. He grew up during the Soviet reign in Russia where the economy was a planned one and was full of inefficiency and failures.

Alexei went on to study a highly respected career in the field of medicine. He completed a medical program and became a licensed internal medicine doctor.

Alexei found work working as a government doctor in Russia but realized that the paltry salary paid to government doctors would be enough to provide for himself and his family.

So Alexei took a gamble and decided to apply to INSEAD Business College abroad in France. He was lucky that he got a full scholarship. Mr. Beltyukov graduated from INSEAD with a bachelors degree in business administration.

A CNN report shows that coming back home to Russia, Alexei Beltyukov realized that the Russian economy has tremendous potential, if only entrepreneurs were given the capital and support they needed to make the now free market economy in Russia thrive.

Alexei began working for some companies that dealt with Russian freight train traffic and later worked for a management company in charge of overseeing a portfolio of investments that included stake in actual companies. The railroad company that Mr. Beltyukov worked for was called New Brunswick Rail leasing and the management company was called A Ventures Ltd.

According to AdWeek, Alexei Beltyukov now invests his own money and provides guidance to young entrepreneurs and Russian startups through his angel investing company called Endemic Capital.

This firm has successfully invested in a number of Russian startups and has helped grow several more ones. Mr. Beltyukov is happy to give back and support the Russian entrepreneurial community because he knows himself how hard it can be to get on a footing in the Russian economy.

Alexei Beltyukov also serves as an economic advisor to the Russian economic ministry that is in charge of economic development, especially as it relates to entrepreneurship and small businesses. He also serves as vice president of the Skolkovo Foundation.

This is a government sponsored organization that spurs economic development in Russia through funding, tax incentives and networking.

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