Director of Luxemburg fund «Mangrove Capital Partners» Mr David Waroquier held the lecture for residents of IT-park

Managing Director of Luxemburg fund «Mangrove Capital Partners» David Waroquier believes that The Republic of Tatarstan is a prospective and attractive region for investments. He announced this at an open lecture “Principles of investing into start-ups. The history of investment into Skype and KupiVip” which took place in technopark in the sphere of high technologies “IT-park”. In the lecture took part representatives of IT-park and Business incubator resident companies. According to David Waroquier such meetings favor closer acquaintance with regional entrepreneurs and make it possible to recognize the needs of a customer in one region or another.

He stressed that the Fund is engaged not in just investing projects but also consulting start-ups. It plays the role of a mentor that does not only manages a project but directs it as well. In doing so much emphasis is put on constant interaction and communication with start-ups.

It has been mentioned before that Head of Luxemburg fund «Mangrove Capital Partners» expressed interest towards projects presented in Business incubator pointing out that readiness to invest needs the detailed analysis.

On june,15 at a meeting with residents of Business incubator parties agreed on preparation of investment projects to study their possible financing by Luxemburg venture fund.

By words of David Waroquier not only the idea of a project is important but courage, ambitiousness and confidence of its leader and presentation skills. Among factors attracting for investor Mr Waroquier pointed out unique character of the idea, orientation to the wide audience, extensive coverage of the project and easiness in realization and application.

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.