The International Development Fund for Economy and Culture (IDFEC) is a global startup incubator and accelerator. IDFEC is specialized in turning promising research projects from top universities and research institutes into startups that IDFEC brings into the countries of its investors. IDFEC investors are mostly public government funds as well as large organizations and institutions for and with whom IDFEC establishes the “innovation hubs” of the future. IDFEC helps research-startups to build a founding team and bring their discoveries into the markets by supporting early-stage funding, providing accelerator programs, and office spaces or discounts from corporate partners.