Business Eurasia

The purpose of the traditional event, organized as part of the EEYF Congress of Economists and Financiers, is to set a kind of platform for attracting young people from different countries to innovation, technical creativity, and social entrepreneurship. Representatives of different countries create the economy of the future and at the same time receive serious expert and advisory support.

This year, 176 projects were registered at the competition, of which the expert commission chose 15 best ones.

The scale, technological and financial components of the projects are very different. For example, Alexey Shorokhov (Knyaginin University, Nizhny Novgorod) presented the Smart Municipality project. Its development, which provides for automatic control of many processes, may be of interest to the administrations of large and small cities.

Ruslan Riskulov (Orenburg State University, Kumertau) presented a business plan for the production of equipment for ecological gas synthesis. His idea is designed to solve several tasks at once, including the problem of affordable energy and waste disposal of agricultural by-products. An installation that extracts gas from, for example, cow dung will undoubtedly attract the attention of livestock farmers.

Begimay Abdyldaeva from Bishkek (Kyrgyzstan) prepared a project that has an equally important goal: the battle against bread wasting. Not to waste products, they are processed and sold at an affordable price to agribusiness organizations. The project has already been implemented in the girl’s native country, although it has just a social character — the owners of the enterprise have not yet earned money from it.

Students from St. Petersburg developed the Student Start program, which helps future university graduates find a good job, and a representative of the Osh Technological University (Kyrgyzstan) developed an interesting Eco-drying project for the production of prunes.

“When we just started this competition, we initially sought to popularize and promote, first of all, social business,” Natalia Sharapova, head of the USUE Department of Accounting and Audit said. “And this tradition has been maintained. Every year, we promote exactly those students whose projects have a strong social component. The projects of our contestants can be applied not only in different areas but also in different countries, because social entrepreneurship is relevant for the entire world.”

According to the expert, some projects, for example, processing of raw materials, are repeated from year to year, but young people constantly have new ideas.