The latest in the entrepreneurship scene in Russia involves The Skolkovo Foundation setting up three venture capital funds to help startups with funding while Internet Initiatives Development Fund (IIDF) partners with a local university to create an Internet-of-Thing (IoT) association.
The Skolkovo Foundation launches new funds
The Skolkovo Foundation will launch three venture capital funds that will serve as additional sources of funding for startups announced its president Victor Vekselberg, at the Open Innovations forum in late October.
