IDFEC (International Development Fund for Economy and Culture) is a global startup accelerator and investment vehicle.
IDFEC is specialized in helping countries transform themselves into the innovation hubs of the future by working with internationally renowned businesses, scientists, and talents to identify the world’s most promising research and startup projects and by bringing these projects into the countries of its investors. IDFEC identifies startup projects with the help of leading universities and businesses, evaluates their scientific and economic outlook, and assembles a startup team.
IDFEC invests in the startups, helps them raise capital, and provides them with an acceleration program to turn its startups into successful businesses in the long-term. These businesses have measurably positive economic impacts and are a sustainable way to attract talents and innovation into the countries of IDFEC’s investors. The investors of IDFEC m sovereign funds and large investors from the private sector.
The investment portfolio of IDFEC is tailored towards the goals of the individual investors with primary competences in healthcare, renewable energy, mobility, agriculture, and technology. With currently about $120 million assets under management, the investment benchmark of IDFEC is at an annual return of 18%.
Investors receive access to startups with extremely well educated teams and advisors, their intellectual property and in return pay an annual management fee and a bonus dependent on individual investment milestones. If you are an investment broker or if you are interested in becoming an investor visit our investor-page.
Find out more about how IDFEC turns promising ideas into successful startups.
Next to an expected 18% IRR, one of the main objectives for IDFEC is to have its investments have positive, local effects.