Business incubator Plug&Play will appear in the Far East

Business incubator of one of the largest networks in the world Plug&Play is planned to be open in one of the cities of the Far East, informed to RIA Novosti Chairman of the Board of Directors of the Group “The Sum” Ziyavudin Magomedov on the opening of incubator in Dagestan.

“It will be possible to say about success, when there will start developing qualitative competitive projects within these walls. Our task is to actively develop the human capital, which already exists in the Republic. We have an idea to realize similar project in the Far East. I think, we will start its realization approximately in one year”, - said Mr.Magomedov.

Plug&Play is the largest American Company, which develops Startups. The headquarter of the Company located at the Silicon Valley, and its affiliates are located in San-Diego, Canada, Singapore and a range of other countries. In summer, 2013 the incubator of the network has been opened in Moscow. Since the moment of its foundation, Plug&Play took part in development of more than 300 Startups.