Internet Initiatives Development Fund

Internet Initiatives Development Fund
FocusVenture capital
Location
Area served
Russia
MethodFunding, Grants, Program Support, Advocacy
Key people
Kirill Varlamov, CEO
Websitewww.iidf.ru

The Internet Initiatives Development Fund (IIDF, stylized in lowercase in its logo, Russian: Фонд развития интернет-инициатив) is a Russian venture capital fund established by the Agency for Strategic Initiatives. The Foundation invests in technology companies in the early stages of development, develops a network of start-up accelerators, and is involved in the development of methods of legal regulation of the venture industry.

Since 2013, IIDF has been the most active investment fund in Russia.[1][2] According to the Dow Jones report, IIDF was ranked first in Europe by the number of transactions in the first quarter of 2014.[3] By April 4, 2015, the fund has financed 150 projects, including 104 deals in 2014.[4][5] IIDF is planning to invest 6 billion roubles in 400 companies by 2017.[6]

Kirill Varlamov is the director of the Foundation.[7]

  1. ^ "Russian Venture Investment Market, Results of 2014". J’son & Partners Consulting. 2015-03-09. Retrieved 2015-06-23.
  2. ^ "Russian Venture Market in 2013". J’son & Partners Consulting. 2014-08-31. Retrieved 2015-06-23.
  3. ^ "Dow Jones VentureSource's Europe data for 1Q 2014" (PDF). J’son & Partners Consulting. 2014-04-15. Retrieved 2015-06-23.
  4. ^ Алексей Земцов (2015-04-04). "Интернет. Как это делается в России" (in Russian). Crn.ru. Retrieved 2015-06-23.
  5. ^ Александр Плитман (2015-04-10). "Венчурные инвестиции на фоне кризиса" (in Russian). Crn.ru. Retrieved 2015-06-23.
  6. ^ "Фонд поддержки инициатив в интернете начнет деятельность в самое ближайшее время, сообщил гендиректор АСИ" (in Russian). ИТАР-ТАСС. 2013-05-03. Retrieved 2014-10-28.
  7. ^ Яна Милюкова; Екатерина Брызгалова (2013-07-15). "Государство сыграет в венчур" (in Russian). Gazeta.ru. Retrieved 2015-06-23.