Iota Foundation and Incubator Nova Will Fund Blockchain Startups

The Iota Foundation, this is the name of the company that backs up Iota cryptocurrency MIOTA, has announced recently about the collaboration with Nova. Nova is a startup incubator.

The partners are going to fund new startups that will use Iota platform. The companies are going to work within the special program called Iota Cofoundery. Its main focus to help startups at their early stages. Seed funding is included in the program, as well. Moreover, within the program, startups are going to be granted access to a special mentoring program provided by Nova. As well, startup team is available to help.

For now, Nova has cofounded more than 80 promising startups.  On average, their survival rate within the three-years period is just 10%.

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