CEE CHIPS Investment Network database broke the 100 user mark.
Online, March 10, 2010 (Newswire.com) - Only a month after the official launch of the software platform, the interest towards the service which provides secure environment for investors and businesses seeking funding in the CEE region has been growing rapidly. In line with overall expectations and the economic downturn which makes securing funding extremely hard the proportion between businesses seeking funding and investors is 70/30.
Most of the funding seekers are based in the Balkan region, Bulgaria, Romania, Turkey, Serbia , while the higher percentage of investors operate in the Central Europe. Around 50% of all businesses in the system are for sale, the rest being either companies looking for expansion capital or startups.
The real estate sector dominates among the companies which seek funding followed by wholesale, energy, food service and IT sectors. In the same time investors primary sectors of interest seem to be the IT, software, and internet followed by the renewable energy and manufacturing sectors.
CEE CHIPS Ltd. partners declared that while it seems user base grows rapidly there's still a long way until the critical mass of quality users is built-up. Another strong point made by CEE CHIPS officials is their complete devotion to turning CEE CHIPS Investment Network into a platform full of worthy, investor-ready proposals by eliminating the irrelevant business candidates.
CEECHIPS Ltd is a company created by young motivated professionals with experience in the area of startups and investment. They are dedicated to the sole goal of creating an easy, fast and effective way for communication between investors and entrepreneurs in the CEE region.
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Tags: Business, CEE, investment, M&A, startups