Ministries of the Republic of TatarstanMinistry of Digitalization of Public Administration, Information Technologies and Communications of the Republic of Tatarstan
Luxemburg Venture fund «Mangrove Capital Partners» may become investor of Business incubator start-ups
15 June 2011, Wednesday
Managing director of Luxemburg Venture fund «Mangrove Capital Partners» Mr David Waroquier expressed interest towards projects of companies - residents of Business incubator of Technopark in the sphere of high technologies “IT-park”.
David Waroquier got acquainted with IT-startups while visiting Kazan where he plans to establish partnership relations with local companies and possible further investment of some innovative projects in RT. At the meeting with residents of Business incubator parties agreed on preparation of investment projects to examine their possible financing by Luxemburg Venture fund.
Information:
Luxemburg Venture fund «Mangrove Capital Partners» is one the leading funds in Luxemburg and Europe on investing small and medium enterprises in the sphere of modern IT, Internet, programming, media business and e-trade. It grants investment capital for startups and wide opportunities for entrepreneurs willing to realize innovative ideas and create worldwide companies.
Among projects realized by the fund SKYPE should be noted that was primarily invested by «Mangrove Capital Partners». The company also invested into Securewave, Dialcom Networks, Nimbuzz, Properazzi, Quintura, Pisco.
The Fund is ready to invest from 1 to 25 mln Euro into new perspective projects in Russia and Tatarstan.
Press service of RT Ministry of info and communications
On December 29, the weekly meeting of the digital industry of Tatarstan discusses the key achievements of the republic in the IT sector for 2025:
• Gross industry revenue—269 billion roubles (forecast, +35% year-on-year);
On December 22, at the final meeting of Interdepartmental working group No. 15 for the implementation of the national project "Data Economy and Digital Transformation of the State", Tatarstan Minister of Digitalization Ilya Nachvin welcomed the participants and summed up the work of the group for 2025 and presented impressive indicators for the development of the digital economy of Tatarstan.
At a weekly meeting, communication industry companies, subordinate organizations and heads of departments of Tatarstan Ministry of Digitalization of Public Administration, Information Technologies and Communications discussed key achievements in the communication industry and digital development in 2025.
On December 11, Moscow hosted this year's important IT events: the awards ceremony for the winners of the "Sprint to the Future - Code of Success!" award and the Sprint 2.0 Accelerator Demo Day.
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