Referring to the press service of the fund, RB.RU reported that on August 1, the bulk selection for the acceleration program of the Internet Enterprise Development Fund (IIDF) will begin. The peculiarity of the new program is that the investments will be received by the so-called “anti-unicorn” – companies that can become profitable in one to two years.

Projects with at least 50% Russian-owned revenues between 12 and 100 million rubles can participate. IIDF plans to select companies in niche areas where large IT companies will not go. It is planned to choose from 15 to 20 projects that will receive five million rubles for 7-10% of the company’s shares. The best projects will then be allocated up to 80 million rubles.

Source: Ferra

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