IIDF finishes the selection to the third accelerator
Internet Initiatives Development Fund finishes the selection to the third accelerator.
To catch the third IIDF accelerator, which will begin in early summer 2014, you must fill in an application and questionnaire of the project till March 14, 2014.
Details of a new investment program can be found in a special section on the website of the Fund.
IIDF offers internet projects a single entry point into three different investment programs:
— $ 25 thousand to the account , plus the services of the mandatory acceleration equivalent to the amount of $20 thousand dollars (The Fund receives 7% shares in the project — thus the project is estimated according to the scheme 7% per $25 + $20 thousand dollars). The three-month acceleration program allows you to find and/or check your business model with the active participation of the best expert practitioners of the Russian market. The projects successfully completed the accelerator program after 3 months, may claim for receiving seed- round investments up to $ 450 thousand.