Hometown Journey

Alexei Beltyukov Business Ventures and Philanthropic Work

Alexei Beltyukov is a renowned Russian entrepreneur and philanthropist. Alexei Beltyukov began his career in medicine before turning to pursue business because after the break-up of the Soviet Union. In 1995, Beltyukov enrolled at INSEAD, a French business school to study business. He received an MBA in business in 1997 and went on to become a highly successful entrepreneur, mentor and philanthropist. Beltyukov worked as an associate of McKinsey & Co from 1998 to 2003 before he was promoted to the position of Engagement Manager. From 2003 to 2004, Beltyukov worked as the Vice President of Strategy and Business Development of Brunswick Capital, before becoming the CEO and Board member of the Renova Project.

In 2013, Enhancement reports that Beltyukov formed Endemic Capital, an outfit that provides angel funding to startup companies in Russia. Beltyukov also established A-Ventures Ltd to assist struggling companies in Russia grow their business. The other organizations he has helped establish include Solvy and New Gas Technologies. Staying true to his intentions to broadening individual horizons through education, Beltyukov started Solvy to help students succeed in their academic pursuits. Solvy is an online mathematical software program, targeted at high school math’s instructors and students. Beltyukov became the Chief Operating Officer of Solvy in 2015. Under his able guidance, Solvy hopes to create and release necessary tools that will make math’s training more interactive.

Beltyukov’s other venture; New Gas Technologies revolves around the utilization of petroleum gas using a number of strategies, including the production of high-octane gasoline from methanol and low-octane hydrocarbons. Some of the solutions developed by New Gas Technologies are designed to assist fossil fuel dependent countries like Russia foster innovation to ensure efficient use of energy resources. When it comes to philanthropy, his Slideshare shows that Beltyukov’s philanthropic work is mostly centered on helping budding Russian entrepreneurs start successful businesses as well as sponsor needy students attending business schools. Case in point is the establishment of the INSEAD scholarship, which provides financial support to Russian students studying at INSEAD University.

INSEAD was founded in 1957 by three venture capitalists from France using a seed money offered by the Paris Chamber of Commerce. Beltyukov regularly meets with the alumnus from INSEAD to encourage students and graduates to give back to the society in order to create a pool of successful entrepreneurs who will conquer the future. Today, many Russian technology start-ups and entrepreneurs continue to receive grants and advisory support from Beltyukov through his numerous business ventures and philanthropic organizations. The Russian government has also partnered with Alexei Beltyukov through the Skolkovo Foundation. The organization was formed to provide economic leadership and support to budding Russian entrepreneurs. Beltyukov is the current Vice President of the organization.

1 comment

  1. There is an interest in this because it looks to be new in going from one point to another in making the tech world expand. While in the point of making best essay company even more exciting, I would have seen this growing to a great level but mind that it should work effectively. I think this has made more work effective as well as productive with what INSEAD is about in SAED in other countries.

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