Founded in 2013, Internet Initiatives Development Fund (IIDF) is a venture capital firm based in Moscow, Russia. Their main focus is on providing financial and expert support to tech startups in their early development stages. With investments ranging from 2.5M to 324M rubles, IIDF has already invested in 402 tech startups. In addition to funding, IIDF aims to enhance transparency and collaboration in the Russian venture capital market by launching educational programs and legislative initiatives. Their ultimate mission is to make Russia a more attractive and accessible place for tech entrepreneurs to start and grow their internet businesses.