New public funding inflow at Netex
XesGalicia and GAIN support Netex. The Netex business plan has been endorsed by Xesgalicia and the Xunta’s venture capital company which is managing the I2C Technological Fund. The transaction involves a 6% equity participation and the provision of a shareholder loan of up to approximately one million euros. The investment will be allocated to securing the company’s expansion plan, consisting of setting up commercial offices in strategic markets and developing a distribution channel for marketing eLearning solutions in the professional-corporate segment. The objective for 2015 is 17% growth in the new fiscal year. See more information about this news item here (link in spanish).