Muvacon supported by STI Foundation

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08.05.2013
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Muvacon received an interest free loan from STI foundation. The funds will be used for the development of an automated platform for the development of mobile websites.

Muvacon is a Web and Mobile Solution company founded in 2011 in Bern. The team focuses on mobile website development and mobile Apps development. The start-up takes part in the Highflyer programme of Basecamp4Hightech and has announced recently that it is also supported by the STI Foundation with an interest free loan.

“This is a major achievement for us. We are now able to develop our automated platform for the development of mobile websites”, comments Deependra Pandey, Managing Partner of Muvacon. The platform will make affordable high quality mobile websites a reality.

Muvacon has already acquired numerous customers. The new platform will be a good basis for continued strong growth.

The foundation STI provides a start capital in the form of refundable loans to founders of companies that are technology-oriented and promise a high growth potential. The aim is to support new high-tech industries in the so called Espace Mittelland region, the industrialized flatlands between the Jura and Alps. STI provides the capital at the early developmental stage of the startup company (seed money). STI is cooperating closely with Basecamp4Hightech, a regional support organisation for start-ups in a very early stage of development.

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