International Business Forum opens in Rostov-on-Don

The 10th International Business Forum will open in Rostov-on-Don on Thursday, RIA Novosti reports, citing the department for development of small and medium business and tourism.

The most significant event of the forum is the Russian venture fair, which is being held for the first time and gives the forum federal status. It will improve the management of innovation companies.

The forum also includes exhibitions of innovations, products of small and medium business, round tables and seminars. The schedule will see discussions of the business climate, the modernization of business using credits and micro-financing, young businessmen and innovations.

Representatives from 21 regions of Russia were invited. The forum expects to see businessmen, investors, hi-tech developers, as well as representatives from science and education institutions, bank structures and authorities.