Wednesday, June 20, 2018

Cisco expands entrepreneur program to Yekaterinburg

Cisco, an international company specializing in networking and communication, announced on Thursday that it will expand its Cisco Entrepreneur Institute program significantly throughout Russia, including the city of Yekaterinburg.

New Cisco Entrepreneur Institutes will open in the largest cities of Russia, Azerbaijan, Kazakhstan, Uzbekistan and Ukraine by the fall of 2012. The institutes will be opened as part of Moscow Technological Institute branches, Telecom Tiger reports.

In addition to Yekaterinburg, the program will expand to 15 Russian cities, including Voronezh, Volgograd, Vladivostok, Ufa, St. Petersburg, Samara, Rostov-on-Don, Orenburg, Novosibirsk, Lipetsk, Kursk, Krasnoyarsk, Khabarovsk, Kazan and Belgorod. The institute will also expand to Tashkent, Uzbekistan, Kiev, Ukraine, Baku, Azerbaijan and Astana, Kazakhstan.

The expansion of the program follows a June 2010 agreement between John Chambers, the networking giant's chairman and CEO, and Dmitry Medvedev, the former president of the Russian Federation. Under the terms of the agreement, Cisco committed to investing $1 billion in developing sustainable innovations and entrepreneurship in Russia, according to Telecom Tiger.

The Cisco Entrepreneur Institute program is meant to stimulate the development of small and medium businesses throughout Russia and the CIS countries. The students will be offered courses titled iExec Enterprise and Growing a Business. The courses were developed particularly for small and medium business entrepreneurs. Graduates of the Growing a Business course will be able to create and implement business projects while iExec graduates will learn more of IT based management and leadership techniques.