Internet Initiatives Support Foundation offers online acceleration

15.08.2013 8:13

Internet Initiatives Support Foundation accepts applications for online acceleration until 9 September, 2013.

The overall number of teams to advantage from the acceleration is 60 (the offline accelerator is for 40 teams).

Startups that pass online acceleration program will not receive seed funding however the part of the project will neither be alienated in favor of the accelerator.

As a result of a 3-month program the accelerator provides both online and offline teams with an opportunity to win funding.

This chance is given to those who do not have possibility to come to Moscow for 3 months. Reasons may vary: numerous team members, long distance etc.

Startups will take a chance to get a personal tutor and comprehensive and intensive project support, using Skype for talks with experts.

Offline accelerator

• An average amount for a team is 000 for 7 per cent of a project or for an option
• Acceleration services:
  - 120-hour education program with leading business experts
  - 3 working places and a conference room in the Internet Initiatives Support Foundation office in the Moscow city center
  - Personal project tutor – one of the leading practice men of the market
  - Hours with experts and consultants (the number is over 100)

Online accelerator

• No seed funding
• No Foundation share interest
• Personal project tutor –  one of the leading practice men of the market
• Reduced education program
• Skype-communication with experts and consultants

All applications will be appraised by the Foundation and attracted experts. Appraisal of projects for participation in the accelerator will be made on 4 criteria: completeness and qualification of the team, potential market volume, project competitive advantages.

Registration is available at the Internet Initiatives Support Foundation web site.

Source: http://www.towave.ru/news/fond-razvitiya-internet-initsiativ-predlagaet-onlain-akseleratsiyu.html

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