February 7th, 2016 Updates: Stumbled on an interesting article about Alexei Beltyukov and his theory about the Russian economy. While things aren’t going that great at the moment, Alexei had a really interesting idea for Adweek. Basically: invest in the future with up and coming entrepreneurs. The old guard doesn’t need as much help as small business, and the next self made millionaire class. Invest in innovation, that’s how you succeed.
Philanthropist and entrepreneur Alexei Beltyukov graduated class of 1997 from the INSEAD Master of Business Administration program that’s located in Fontainebleau, France. After graduation, Beltyukov spent five years as an engagement manager for McKinsey & Co. Prior to discovering many companies, Alexei Beltyukov was Vice President at Strategy and Business Development, Brunswick Capital, a Russian investment company. As Vice president, Mr. Beltyokuv had financed the railroad. Beltyukov also held the position, first as executive director and later, the CEO of Renova company, financing more than 100,000 railroad cars in Brunswick.
Alexei Beltyukov discovered many companies, including New Gas Technologies, Solvy, A-Ventures, and Endemic Capital in 2007. In February 2015 Beltyukov became the CEO of Solvy that is an online educational system. In 2013, Mr. Beltyukov developed Endemic Capital, a line of auto repair shops. Alexei Beltyukov wants to help Russians who want to attend business school and those who want to go into business for themselves. A-Ventures was developed to help finance those Russians who want to get ahead in business. He created a scholarship to help students who cannot afford to pay for school to be able to attend INSEAD.
Alexei Beltyukov was a member of the Advisory Council for Special Economic Zones of the Ministry of Economy since 2008. In 2009, he occupied Entrepreneur in Residence, INSEAD. In 2009, Beltyukov founded Mechanicus.
Alexei Beltyukov is grateful to the The Lister Foundation for helping to finance his education when he went to INSEAD. Lister helped The philanthropist, his wife, and his former classmates to establish his own his own scholarship called the Russian Alumni Scholarship. The Beltyukovs began the scholarship by depositing $150,000 into the fund. Those applicants who have been accepted into the MBA program are eligible. Those with a Russian focused education and demonstrated professional experience and have the potential to succeed are also eligible for the scholarship. Those who apply are required to explain their financial situation and projected cash flow in the next year in 350 words. This scholarship is for INSEAD University, only. The money awarded is up to €10,000.
Recently, Alexei Beltyukov serves on many boards and publications as About.me shows. In 1999, he became one of the authors at the Unlocking Economic Growth in Russia. His most noted article was Unlocking Economic Growth in Russia,published in October 1999. It was a long 415 page document, detailing the ways to improve Russian economy. Check out Alexei on Twitter to keep following his career, and his latest projects.