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Broadcast 10-08-2020
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Investment agreement concluded with start-up businesses


Oyundelger 2020-07-06 02:07

National “Socratus Studio” LLC is implementing a business development program, making investment to start-up companies.

Investment agreement concluded with start-up businesses. National “Socratus Studio” LLC is implementing a business development program, making investment to start-up companies. Executive Director of “Socratus” program noted that the company launched an accelerator program on start-up business development two years ago and they have supported 200 start-ups and made investment to eight businesses in the past. “Socratus’ program intends to grant monetary and non-monetary investment worth over USD 700 thousand to start-up businesses with its own capital in the first place. Moreover, it raised an additional investment of almost USD 180 thousand to two start-up businesses. Three other start-up businesses are under agreement stage to be involved in the program so far.

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