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Innovation Promotion Fund's revenue from Start program per company 2019, by stage

Total annual revenue per participating company of the "Start" program of the Innovation Promotion Fund in Russia in 2019, by stage*

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Source

Release date

2020

Region

Russia

Survey time period

2019

Supplementary notes

* In 2008, the Start program was launched by the Innovation Promotion Fund. Through this program, the fund finances companies at the early-stage of development

Start 1: seed stage, funding volume up to two million Russian rubles.
Start 2: funding volume up to three million Russian rubles. Companies at this stage should be able to raise funds for the implementation of the project from extrabudgetary sources.
Start 3: funding volume between four to five million Russian rubles. At this stage there're two options for co-financing: either rising funds from extrabudgetary sources or using company's own funds.

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Statistics on "Startups in Russia "

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