On 2 June, 2022, winners of the project proposal competition “Transforming the Rostov Region Economy in Changing Environment” were awarded. The competition was organised by Center-invest Bank to benefit students of the Rostov State University of Economics with a prize pool of RUB 500,000.
The contestants introduced models of the post-crisis development for Rostov region in the new transformation economy. The students’ research projects included economic mechanism matrices and a review of the major alternatives required for structural economic changes and sustainable development under the external sanctions pressure.
These projects were reviewed by experts from Center-invest Bank and university professors. Vasily Vysokov, Chairman of the Board of Directors, Professor, Doctor of Economics, delivered the training lecture “Sustainable Development Strategy for Rostov Region in the New Reality” for the participants.
Top five projects in the areas of agriculture support, unemployment control, improvement of the quality of life, environmental monitoring, and ESG education development each received winning diplomas and funding of RUB 100,000.
Center-invest Bank is deeply involved in social and educational projects, cooperating with universities, NGOs, and the authorities to raise financial awareness, support science and technology, and implement structural economic reformation.