VENTURE BUSINESS NEWS
Eight companies in IT and biologically-inspired branches became graduates of Lomonosov Moscow State University business incubator. Within the limits of “incubation” program residents took a course on business basis study, garnered instructional and consultative support. Besides, becoming a resident, each company received initial funds on development from investing partners Leta Capital and investing company AltaIR.
Kirill Klokov, chief of MSU business incubator direction on projects development and cooperation with investors, added: “Current intake is significantly clever. Among graduated there are people with great working experience in Google, Microsoft, Innova, Wargaming and other reputable companies. Almost all residents for the whole working period in incubator managed to issue its first product, and some of them – make first sales. There are prizewinners both of Russian and International contests, for example, resident Zet Universe came through to the final in International contest Masschallenge.
Kirill Klokov, chief of MSU business incubator direction on projects development and cooperation with investors, added: “Current intake is significantly clever. Among graduated there are people with great working experience in Google, Microsoft, Innova, Wargaming and other reputable companies. Almost all residents for the whole working period in incubator managed to issue its first product, and some of them – make first sales. There are prizewinners both of Russian and International contests, for example, resident Zet Universe came through to the final in International contest Masschallenge.
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