Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


The Russian Internet Initiatives Development Fund has Become One of the Most Successful Accelerators in the World
August 22, 2018 23:40


(Source: https://www.iidf.ru/media/articles/accelerator/demoday-12-prom)

Alejandro Cremades, the co-founder of Onevest crowd investing site and the author of The Art of Startup Fundraising made a list of the most successful accelerators in the world for American Forbes. When compiling, Cremades took into account the number of investments and exits, based on the information from Crunchbase database.

The first place in the rating was taken by Y Combinator - one of the first and most famous accelerators in the world, having invested into 1.834 companies for the period of its activity; the number of exits is 192.

The second place was taken by 500 Startups with 1.694 investments and 162 exits. Both of these accelerators are Californian.

The top three leaders are closed by another accelerator from the USA, Colorado: there are 1.557 investments and 134 exits on the account of Techstars.

In the Cremades rating, only four accelerators are not from the USA, including the Russian Internet Initiatives Development Fund (IIDF), which took the 8th place.

The IIDF invested in 335 projects within the period of  its activity. It is noted that 4.5 thousand startups take part in the basic online accelerator program every year, and about 20 thousand people visit the IIDF, including Hackathon events.



The Internet Initiatives Development Fund  is a Russian venture capital fund created by   the Agency for Strategic Initiatives. The Foundation puts resources into innovation organizations in the beginning of their development, builds up a system of start-up   networks, and is engaged with the improvement of techniques for legal control of the venture business.

Since 2013, the Internet Initiatives Development Fund has been the most dynamic investment fund in Russia. As it is stated in the Dow Jones report, IIDF was positioned first in Europe by the quantity of transactions in the first quarter of 2014. By April 4, 2015, the fund has financed 150 projects, including 104 deals in 2014.

Kirill Varlamov is the chief director of the Fund.

One of the key territories of IIDF's businesses is represented by three-month  acceleration programmes. Under the direction of a mentor, groups have a  120-hour training course that consist of eight parts and includes sessions on marketing, sales organisation, development as well as consulting on company development. Their activites are controlled by invited experts.

To prepare teams for taking part in acceleration programmes, IIDF created  the so-called pre-accelerator, focusing on the development of start-up business models and improving their investment attractiveness.

Read more about Russian Business and Russian Internet...




Author: Anna Dorozhkina

Tags: Russian business Russian Internet Russian startups   

Previous

You might also find interesting:

Russian Internet In 2016 Websites Violating the Confidentiality Of Correspondence Have Been Blocked Russians On the Social Networks The Ways To Get On-Line In Russia FindFace Service









Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
VTB  Vologda region  Rock Painting  Graphic Art  Moscow  Bella Akhmadulina  Semen Dezhnev  license revocation  Russian Film Distribution  Russian tourism  crisis  Leonid Gaidai  Imperial Gargens of Russia   Mercedes-Benz Fashion Week Russia  Maxim Konchalovsky  St. Petersburg  Festivals in Moscow  Musicals in Moscow  Arkhangelsk  Cars  Vorkuta  Byudgetny Perevozchik  volunteer squads  travel to Russia  U-NOVUS Forum   Khabarovsk  Kvass  Graffiti  Popular print  weather  Radisson SAS Slavyanskaya  health  criminality  Moscow Spring  Exhibitions in Moscow  Tigers  Spacecrafts  Maikop  obituary  Russian Cinema  Gazprom  Monuments  Russian regions  Russian business  Pavel Astakhov  Mytischi  accident  Russia  Installations  Smolensk 


Travel Blogs
Top Traveling Sites