... example, standards for the work of funds, support for technology parks). Internet Initiatives Development Fund (IIDF). One of the largest accelerators and venture investors in Russia, created with the support of the Agency for Strategic Initiatives. IIDF finances startups at early stages (usually in the digital sphere), runs acceleration programs, and teaches founders the basics of doing business. Investors can cooperate with IIDF, participate in its transactions, or use the fund's expertise in selecting projects....

... experience of working on the Open Oil Market project. What Does IIDF Do? IIDF provides comprehensive support to startups, including financing, acceleration, training, and assistance in finding customers. The main areas of the fund's activities include: Financing for Startups at Various Stages of Development IIDF invests in early-stage startups (seed and pre-seed stages), providing initial funding and helping projects grow. Funding is offered in exchange for equity in the company, allowing startups to raise funds ...

... is a key element for unicorn success. In developed ecosystems, a full spectrum of financial players is involved: Private Venture Funds. Classic VC funds (managing the capital of private investors, corporations, and pension funds) are foundational for startup financing. The U.S. has over 3,400 venture firms, which in 2023 engaged in over 13,600 deals totaling $170+ billion. Similarly, dozens of large VC funds focused on the tech sector have emerged in China and India. The maturity of the venture industry is ...

... pool to support projects at the intersection of American and Indian markets—indicative of investors' faith in the synergy between these ecosystems. In the crypto industry, the creators of the Pi Network have launched a $100 million venture fund to finance startups within their blockchain ecosystem. Government and quasi-government institutions are also coming on board: in the US, the state of Wisconsin allocated $100 million for the development of tech companies, while several European countries are establishing ...

... numerous new unicorns emerge—dozens of private companies valued at over $1 billion. Some of them have rapidly reached "decacorn" status (valued at over $10 billion). Industry analysts estimate that since the beginning of the year, more than 40 startups worldwide have surpassed the billion-dollar threshold. Approximately half of all venture financing in the second quarter was directed towards projects in the field of artificial intelligence. However, hype-driven investment is also seen outside of AI: the return of "big money" to the market as a whole is leading to rising valuations ...