Russian Venture Company to Launch $65 Million Seed Fund
June 19th, 2009 | by rarzi |
Russian Venture Company (RVK), which acts as a account of supports as well as provided appropriation to 6 try collateral funds, is starting to labour a plan to some-more effectively await innovative record startups in Russia.
Igor Agamirzyan, General Director of RVK, voiced during Moscow Venture Forum currently which RVK will launch a “seed” fund of 2 billion Rubles (ca. $65 million), reported Vedomosti newspaper.
RVK will deposit up to 25 million rubles ($0.8 million) for a smallest 25% interest in a startup association to one side a in isolation investor. RVK will yield 75% of sum appropriation whilst in isolation financier shall yield a superfluous 25% funding. The startup projects shall be comparison as well as introduced to RVK by “accredited” try partners.
RVK skeleton to account 50 to 80 companies over a subsequent 3 years.
Source : http://feedproxy.google.com/~r/quintura/comblog/~3/hT4emupAr-k/
