The Sverdlovsk region was recently recognized as one of the top 10 leading areas for its good relations between local entrepreneurs and local government authorities.
In the rating by the Russian Ministry of Economy and Development, Sverdlovsk region came in sixth place. The top 10 regions also included Khabarovsk, Krasnodar, the Khanty-Mansi Autonomous District, the Magadan region, the Republic of Bashkortostan, the Republic of Tatarstan, the Rostov region and the Tomsk region.
The ministry also rated areas for the worst cooperation between entrepreneurial businesses and local governments. Among those listed were Perm, the Republic of Karelia, Chechnya, Chukotka Autonomous Okrug and Mordovia.
Ministry officials rated the areas according to the involvement of governors with entrepreneurs, regulations on public consultations, official licensure for the businesses and the degree of cooperation between regional business owners.
Sverdlovsk's high ratings have paid off financially.
The area received more than $100 million from Russia’s federal treasury in 2014, which was an 11 percent increase over the federal funding Sverdlovsk received in 2013.
Sverdlovsk’s regional programs have made approximately $6.4 million in the past year, a 13 percent increase from 2013.
This additional funding is thanks to the positive relations between local entrepreneurs and authorities from Sverdlovsk.