The Gold Magazine published an interview with Siarhei Kostevitch, CEO & founder of ASBIS.
Siarhei Kostevitch, CEO ASBIS Group shared the main qualities for startups seeking funding and talked about recent ASBIS activities aimed at developing the direction of corporate venture investments and Cyprus startup ecosystem in general in the exclusive interview for GOLD magazine, a leading business media in Cyprus.
The key points from the interview:
1. ASBIS is driven by technology. Our investment philosophy centers around investing in innovative companies that contribute to the betterment of the community through their innovations.
2. ASBIS investment strategy prioritizes corporate partnerships as opposed to passive investments, with a focus on companies where our expertise and professional guidance can have a meaningful impact.
3. Being an investor for ASBIS means becoming a mentor for investee companies: always seek to have a say, but we don’t dictate our opinion. Moreover having significant expertise in supply chain management we share this expertise with investee startups.
4. ASBIS remains actively engaged in mentoring and participating in all key initiatives aimed at nurturing and advancing the technology ecosystem of Cyprus. Some of the most recent ones include: sponsoring the Junior Achievement startup program and university competitions for students, membership in TechIsland, a non-profit organization which aims to transform Cyprus into the tech island of Europe; contributing to the development of a high-tech park in Cyprus.