The competition, which acknowledges contributions to the development of Russia's Web segment (Runet) was set up by the Federal Agency for Print and Mass Media.
InoSMI gained an award in the culture and mass media category.
The project's Web site, launched by RIA Novosti in February 2004, has over 70,000 visitors daily from Russia, former Soviet republics and other countries.
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The main event of the third day of the 11th meeting of the Valdai International Discussion Club in Sochi was the closing session with President Vladimir Putin. The atmosphere was calm and open, despite the current political tensions and the Russia-West confrontation. The Russian president said that it corresponded to the spirit of the Valdai Club.