WYG International carried out the first part of this project to support the economic development of the Kemerovo region in West Siberia which had been severely affected by the restructuring of heavy industry.

The project involved the development of a pilot regional regeneration fund to support job creation and economic growth through a range of interventions designed to encourage the growth of trade and investment. This included providing support to strengthen capacity and increase the number of SMEs and business start-ups, as well as supporting local authorities and NGOs in their role in the economic regeneration of the region.