Revenue of Ingria business incubator residents continues to grow

Revenue of Ingria business incubator residents continues to growThe revenue of Ingria business incubator residents totaled 115.3 M RUR in the I quarter of 2012. This is 53% higher than last year.

It became possible due to reaching heavy selling stage by many residents, including those who work in foreign markets - Dmitry Stepkin, the director of the Ingria Business Incubator says. - In the future, we expect an increase in total revenues from quarter to quarter because the number of large deals closed by our residents continues growing.

Ingria Business Incubator residents are currently 78 companies. Since 2012 the incubator formed four main services - to attract investment in residents’ projects (15.75 M RUR in the I quarter of 2012), assistance in staff finding and adaptation, help in attracting customers for Internet projects, and for off-line business. A separate line of products and services for industrial projects is also being developed. In particular, a VC Day of Ingria took place in April that resulted active negotiations on a possible project financing in 12 companies.

The press-service of business incubator notes that the earnings of the Ingria business incubator residents reached 335 M RUR last year.