Internet Initiatives Development Fund

One of the priorities of Internet Initiatives Development Fund (IIDF) is financial and expert support to startups in their early development stages. IIDF has invested in 402 tech startups. The Fund invests between 2.5 million and 324 million rubles in tech companies at early stages, i.e. pre-seed, seed and series A. IIDF launched a startup accelerator in Moscow which holds several sets annually and they hope to open in more cities across Russia.

IIDF's mission is to make Russia more attractive for tech enterpreneurs. They want to make the Russian venture market understandable and accessible to anyone who wants to begin or grow their Internet businesses in Russia.