Skolkovo partner Microsoft and the Foundation for Developing Internet Initiatives have rolled out an accelerator program for startups – and Skolkovo residents are invited to take part.
Under the program, Microsoft is offering grants and the FDII investment to infant IT companies that are yet to post revenues in excess of half a million dollars. The startups also take part in a four-month acceleration program of seminars and training workshops.
Microsoft is putting up grants of 300,000 rubles ($7,500), with the FDII offering 1.5 million in return for a 7 percent share of each participant.
Applications close on October 15.
Details of the program can be found here (Russian).