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State-backed accelerator names its first 50 projects

0 5 October 2013

The state-backed Internet Initiatives Development Fund (IIDF) has chosen 50 startups to take part in its offline training program, at the end of which they could receive up to 14.5 million roubles ($450,000). The fund was initally intended to support only socially-oriented projects, but that stipulation was removed when the fund's site was launched this July.

The chosen projects will benefit from a range of services during their three months in the accelerator. Each team will receive a working space and $25,000 to fund their work while they are residents of the incubator.

 

Participants in the program can take advantage of a 120-hour course, which includes lessons on marketing, product development, sales and other relevant topics. Participants also have the chance to present their ideas to well-known business angels, key figures in major internet companies and representatives of investment funds. 

At the end of the 3 month program a Demo Day will be held, where teams will present their projects. If successful, they could receive up to $450,000 from the IIDF. 

The fund’s director Kirill Varlamov explained that they received 993 applications from 200 Russian cities. The best 50 that didn’t make the final list will be offered the chance to participate in an online-accelerator program. 

The chosen projects for the offline incubator are:

2do2go (Belgorod)

Appnow (Moscow)

Bankrot.pro (Nizhny Novgorod)

BilliBox.com (Moscow)

Bizerra.ru (Yekaterinburg)

Bustourpro (Tula)

CITY CELEBRITY (Moscow)

CloudFuzzer (Krasnoyarsk)

doworkers (Moscow)

Dr. Tariff (Moscow)

eZWay (Saint Petersburg)

HotReader (Moscow)

i-Polza (Saint Petersburg)

i2istudy.com (Nizhny Novgorod)

InstantMarketing (Kemerovo)

Intrum (Samara)

NewsWired (Moscow)

Notissimus (Saint Petersburg)

Online Dealer (Ivanteevka)

Opiner (Moscow)

pic5.ru (Tver)

Picture Manipulation Inspector (Saint Petersburg)

Pizza Button (Moscow)

ReAction (Moscow)

ReHub (Moscow)

RentSoft (Moscow)

Restoranonline + Jitlogistic (Yekaterinburg)

SimpleOrder (Saint Petersburg)

SmartFox (Moscow)

UniSample (Moscow)

Voxxter (Moscow)

weatlas (Moscow)

BALaLIKEa (Yekaterinburg)

BUBUKA (Томск)

All Recovery Vehicles Russia (Astrakhan)

Две ладошки - Dvye Ladoshki (Moscow)

Единая Система Муниципальных Сайтов - One system for Multifuncational Sites - ESMS) (Yekaterinburg)

Закупки360 - Zakupki360 (Moscow)

Инвертика - Invertika (Moscow)

Мамина школа - Mums' school (Moscow)

Маугри - Maurgi (Perm)

Мерсибо - Mersibo (Moscow)

МояОкруга.рф - MyRegion.rf (Atkarsk)

МЭЛТОР - MELTOP (Moscow)

Просто Клуб Бритв - ShaveClub (Moscow)

Резерв Онлайн - Reserve Line (Moscow)

Универсариум – Universarium (Moscow)

Управдом – Upravdom (Moscow)

Online Patent (Moscow)

Эльпас (Yekaterinburg)

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