Saturday, October 29, 2011

More investment from Softline Venture Partners

Venture Capital Fund Softline Venture Partners will be able to receive funding and expertise from the State Seed Fund of the Russian Venture Company (RVC). For consideration by the MERs will be added to the projects in a fairly high degree of elaboration and ready for commercialization. Seed Fund MERs will provide up to 75% of the total investment in the portfolio company. According to Elena Alexeeva, director of investment company Softline, a partnership with RMC will increase the number of funded projects. In this portfolio companies receive not only financing but also an additional examination, which will better develop high-tech business and innovation. "Seed Fund MERs designed to support the Russian innovative companies with high growth potential in Russian and foreign market. Through the partnership, the Fund will allocate 25 million rubles for the development of the best innovative projects. It should be noted that investment in one project from Softline Venture Partners can reach $ 1 million

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