Member of UL FEM Business Incubator starts innovative LED balloon production

After several months long testing period, development and successful pilot project implementation, mass production of innovative air balloons in production unit located in Business Incubator of University of Latvia FEM has been started. Kristināns Līcis - head of company „Greynut” explains „We have polished the production process and at the moment are able to produce and deliver up till 3000 big LED balloons a month. This is innovative product that allows providing impressive light show without causing any harm to ones enjoying it. It is safe and original way to surprise guests of the event.” Although China offers LED balloons for some time now, Latvians have found free niche in balloon business – no one is offering big and average size balloons, as well as balloons with light that can be adjusted with special remote. These balloons can be used repeatedly and are suitable mostly for event organizers. Special brand „99ledBalloons” is created for Latvian and international market. Under this brand will be sold self produced balloons, as well as distributed small LED balloons that are tested in Latvia. Consequently brand will serve as mark of quality.
More detailed information about LED balloons can be found on the website www.99ledballoons.comor www.greynut.com/baloni.html, as well as writing to email info@greynut.com UL FEM Business Incubator helps students of University of Latvia to start and develop business and encourages entrepreneurial culture. The aim of Business Incubator is to provide support and promote involvement of students of UL in starting, developing and promoting actual business, creating business teams. UL FEM Business Incubator is created in 2012, at the moment 8 participants are involved actively – teams organized by students that implement their business ideas. More about UL FEM Business Incubator - www.biznesainkubators.lu.lv.