Internet Initiatives Development Fund (IIDF)

One of the priorities of Internet Initiatives Development Fund (IIDF) is financial and expert support to startups in their early development stages. IDF run a three-month accelerator program for startups at pre-seed stages three times a year. The program is designed to help them grow to the next rounds. Since 2013 we have accelerated 200+ IT startups. The Fund also plans to launch a variety of educational programs and to perform a number of legislative initiatives. These steps will help to increase transparency and ensure effective cooperation between entrepreneurs, investors, and state agencies in the field of venture capital investments in Russian online projects. Internet Initiatives Development Fund will further the development of the necessary infrastructure and conditions that will be conducive to a full-fledged industry of small and medium online businesses in Russia.