Today Microsoft and Internet Initiatives Development Fund announced about launch of industrial accelerator which will support startups that develop IT solutions for education, health, trade, manufacture, service sphere, financial sector and government services. The project is being implemented with the support from Microsoft Ventures – international corporation division, which is responsible for support of young entrepreneurs all around the world.
Microsoft will provide the grant support to startups for around 6 mln.RUB as seed financing (for 2 cycle of acceleration) and infrastructural and technological support, including cloud grant for 2 mln.RUB per each startup – project’s participant.
IIDF will invest 1,5 mln.RUB. The fund will organize educational events; provide mentors and consulting services and technological infrastructure.