I found this better than the nothing.

I doubt that. No VC or other private investor is going to give a shit about a "seal of excellence" handed out by the government.

I think you're still overestimating. VCs would run away from a company that was vetted by the government.

“I liked them, but not enough to find a way to fund them” isn’t the best endorsement ever

Is the job of a government to fund startup, I personally disagree. I prefer easing of red tape and support of administrative tasks.

An endorsement is better than nothing.

Strongly reminds me of USSR

So you think that in USSR there were startups and private investors? Interesting.

No but they had two kinds of money. Rubles and accounting Rubles.

No they liked to reward regular people with non-material things.

You mean experience is gulag is truly priceless for entrepreneur.

Well that was for very low key entrepreneurs. More serious ones generally got death sentence if caught

They did have startups and private investors, but it was obviously black market and was punishable by death.

I guess I will have to stop reflecting on my life in USSR now to make sure it does not raise any flags :)

I think downvoters assumed you were American and that your knowledge of USSR came from propaganda.