Experts of RWM Capital Asset Management took part in the DEMOday of the Internet Initiatives Development Fund (IIDF). The Fund summarized the results and announced the release of 20 start-ups from the first set of the accelerator.
"We took part in selection of projects for the accelerator in October last year, when hundred best teams from all over Russia were making presentations of their IT developments, said Felix Blinov, managing director of RWM Capital Asset Management. - We saw these projects at their start, and today we could fully estimate the progress that they have achieved. Like most of the experts who attended the DEMOday, we noted significant results of all the teams that qualified last year. Business indicators of participants in this round, their aspiration to build up competence, to enhance and improve their business model, to increase the client base, etc. - all this allows us to speak confidently, that even those who will not manage to receive financing from IIDF, will soon find the investors. We would like to wish them all good luck in business and thank IIDF for invitation to participate in another projects selection day."
