Start Fellows

Start Fellows helps support beginning IT companies presented by a group through the social network VKontakte.

Was founded December 8, 2011 to support startups at the seed stage. Each prospective project receives 25 thousand dollars, without the requirement of a stake in them, however, according to Durov, 'optionally $ 25,000 - and can be $ 50,000. We have conveyor and output norms.' The project is financed by billionaire Yuri Milner, and Pavel Durov engaged in selection of the projects and their approval.