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MENAFN: A15's affiliates volume of business to record $150m by 2017

A15, a company specialised in investing in startups, predicted its affiliates will reach a volume of business worth 150m by 2017.
22.12.16 | Interesting article at MENAFN

The companies affiliated with A15, a company specialised in investing in startups, will reach a volume of business worth 150m by 2017, said the company's CEO Fadi Antaki. A15 is also seeking to exit one of their affiliated companies in 2017, especially given that some of the companies have reached a high enough growth rate to be able to exit.
Antaki added that his company depends on three main axes for investing in start-ups. A15 relies on the "experience" of its staff in the field of start-ups and pioneering companies to help small companies and transfer the experience of the firm's four main companies (Arpuplus, Connect Ads, LINK Development, and LDC) to new start-ups.

A15 also depends on its business partners, which benefit its investees. For example, A15 agreed with DELL to provide technological training to young workers among the company's investees, as well as training the staff of A15's ventures to enhance their skills.