The problems on the formation of the expert community meeting the modern business needs, and on the business participation in the education system development are considered. A governance model for the education system aimed at training specialists to work in a particular area is proposed. For the purpose, it is necessary to combine the efforts of various departments and enterprises. The system provides the integration of education and business, namely: the collaboration in the personnel training. Principles of the interaction between educational institutions and enterprises are presented. Some opportunities of the business influence expansion in this sphere are considered. To develop a complex interaction between education and business in is necessary to upgrade the teachers’ qualification. Their occupational retraining with regard to the regional demands and modern educational technologies will contribute to this. Another important factor is an incentive system for a qualitative training of students. On the part of business, the support of specific students professionally oriented on the engineering occupation seems appropriate. It will ensure to build their individual educational path in the right direction — from schooling to production. The use of the private-public partnership mechanisms in this area will contribute to the constructive mutually beneficial cooperation. It is expected that the concerted actions of education and business will produce a synergistic effect.