Internet Initiatives Development Fund (IIDF) supports early-stage startups with financial and expert assistance. They focus on companies in data, business intelligence, and mobile technology, making pre-seed investments. IIDF has funded companies like AppFollow. In addition to funding, IIDF plans to launch educational programs and work on policy improvements to enhance cooperation among entrepreneurs, investors, and government agencies. Their aim is to build a robust industry for small and medium online businesses in Russia by creating the necessary infrastructure and conditions for growth.
