The Eleven project began the acceleration in IIDF

The second acceleration program of the Internet Development Fund Initiatives starts. One of the participants is the Eleven project: the graduate of the business incubator of the Chelny’s area of the IT Park.

Acceleration program: it’s three months of fruitful work, when a start-up gets $ 25 thousand at the account and the services of the mandatory acceleration costing $ 20 thousand (Fund receives 7% shares in the projec). The three-month acceleration program helps to modify actively the business model of a start-up with the participation of the best experts and analysts of the venture capital market, as well as the opportunity to get in 3 months to 450 thousand dollars of investments.

The member of the IT Park: Eleven start-up is a system of transfering Skype conversation into the text. The project allows users to have a full transcript of their conversation.