Central regions | Technology & innovation | Finance, business

Russian start-ups to get funding and broader backing from Irish

6 Jul '16
Four Russian start-ups operating in the fast-growing IT markets for business, tutoring and personal needs will each get ˆ50,000 in investment from Enterprise Ireland, the Irish national innovation support agency, Russian portal Firrma.ru , citing a source in the Irish agency.

is a developer of interactive solutions for wholesalers, supply chains, e-commerce operators, as well as for publishers.

offers a handy option for fast and inexpensive bicycle, scooter or motorcycle rental in any part of the world.

has developed IT-enabled technology to convert voice messages into text without the need to type texts on a keyboard.

has come up with methodology for e-tutoring based on computer simulation and gamification technologies.

In addition to funding, the start-ups are also eligible for mentorship and visa support to launch exports.

A reported 81 start-ups from many countries took part in the competition, with one-third representing Russian-speaking communities. Ten of those won the contest, including the four from Russia.

Enterprise Ireland is the largest government entity in Ireland set up to support and promote entrepreneurship and innovation in the country. The agency is a major Irish investor in global innovation as well.
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