Alexei Beltyukov started to study medicine, but then decided to pursue business and received his MBA at INSEAD Business School. A true entrepreneur, he has launched several successful businesses including A-Ventures, New Gas Technologies and Mechanicus. He has led projects in transportation including a venture in rail car leasing, known as Brunswick Rail. Two years ago (2013), he formed Endemic Capital in Russia as a resource to provide angel investing for Russian start-up companies.
AN ANGEL INVESTOR
As an angel investor, Beltyukov not only provides financial backing and capital needed to begin a business, but may provide advice and guidance as well. Angel investors are usually family or friends, not just uninterested lenders. They see the personal value and purpose behind the business and they want to see it succeed. It may be money to jumpstart a business, or it can be ongoing support to help the company get through a tough spot.
Investing his own money, Alexi Beltyukov also provides counsel where needed to the company. Angel investments can be high-risk, so he looks for a great team and a good market. The outcome is always desired profit and productivity, but Beltyukov mostly wants to see the business succeed.
A HUMANITARIAN WHO LOVES TO HELP PEOPLE
Beltyukov is a committed humanitarian. Several organizations, such as A-Ventures Ltd and Skolkovo Foundation, have been formed to help other Russians looking to start businesses, or attend business school. A-Ventures Ltd was founded to help Russian businesses with underperforming assets.
As Vice President of the Skolkovo Foundation, Beltyukov helps provide economic guidance and support through grants for startups and entrepreneurs who want to expand their prospects throughout Russia. He also helped establish an alumni scholarship from his alma mater, INSEAD University, which provides support to students accepted into the University. The long-term goal is to see recipients return to Russia or the Ukraine and be successful there. So far, seven have done just that.
Beltyukov is an “angel” in more than one way. Seeking to help students and teachers alike, he introduced SOLVY in the San Francisco Bay area this past April. SOLVY is an online homework space for high school students which allows teachers to create and administer customized homework assignments. Launchingnext.com listed it as “One of the World’s Most Promising Startups.” Beltyukov hopes to make it a household term in math education.