Regional Investment Standard is a key project of the Agency for Strategic Initiatives to Promote Business in the Regions. The Standard includes the best 15 investment practices. In 2012, the Standard was implemented in 11 pilot regions. On December 27, 2012, during the meeting of the State Council of the Russian Federation, the experience of the pilot implementation of the Standard was considered and recognized as successful. According to the list of Presidential directives, following the State Council, the Standard became mandatory for the implementation by all regions of the country.