In order to succeed in education, one needs to not only be bright but also be able to finance his or her education. Most times, people are unable to realize their academic goals owing to lack of sufficient funds to pay for their undergraduate degrees or access higher education. Without an education, it may be a herculean task for people to get to the summit of the corporate ladder given the immense competition in the market. Some people such as Alexei Beltyukov may not have amassed the success that they have, were it not for scholarships and grants.
The Russian businessman and philanthropist, Alexei, is a beneficiary of the scholarship. He comprehends the importance of having a scholarship, as he was able to undertake a business course owing to his passion to pursue business. Initially, Alexei was undertaking medicine before switching professions to undertake business. The INSEAD business school graduate applied for the Lister Vickery Scholarship and successfully received the funding. To this end, he was able to make ends meet for his family besides managing to put himself through school. He graduated with a Master of Business Administration.
After graduation, he was able to start different companies. In 2013, Alexei founded Endemic Capital. This corporation was formed with the objective of providing angel funding to the various small start-up companies in Russia. Given his struggles towards graduating with a business degree, Alexei has been highly committed to philanthropic activities. He has been playing a pivotal role in helping other Russians realize their dreams in business either by starting up business or attending business school. Alexei was committed in business and established A-Ventures Limited. This company was established with the view of aiding struggling companies around Russia with financial assistance.
Given his challenges in accessing higher education, Alexei established the Russian chapter of INSEAD Alumni Scholarship. This scholarship was fundamentally established in order to provide scholarships to the various Russian students who are admitted at the prestigious INSEAD University. He works with the government though the Skolkovo Foundation. As the vice president of the foundation, Alexei has been providing economic guidance in Russia. Further, he has been supporting the foundation in order to provide grants and massive opportunities for Russian start-ups in technology. Additionally, he aids entrepreneurs seeking to expand their business opportunities within Russia to find opportunities that will maximize their contributions in business.
In 2015, Yahoo Finance wrote that Alexei founded Solvy, which is an interactive platform for high school students. The company specializes in providing assignments for students without the provisions of answers. This model ensures that students show their workings while dealing with the different questions under a given topic. Feedback provided by tutors’ aid the students in comprehending the subjects properly. Students are able to consult with teachers. Through such interactions, students register improved grades in math. The company seeks to work with different stakeholders in the education sector in order to enhance their educational goals through improving students’ grades in the mathematical subject. Besides, Solvy, Endemic Capital and A-Ventures, Alexei is also the founder of New Gas Technologies and Mechanicus.