Ukraine startup fund finances 352 teams for $8.2 million
- July 12, 2023
- 0
The Ukraine Startup Fund has raised $8.2 million in funding for 352 teams of innovative developers over its four years of operation. This was reported by the Foundation’s
The Ukraine Startup Fund has raised $8.2 million in funding for 352 teams of innovative developers over its four years of operation.
This was reported by the Foundation’s press service, as reported by Ukrinform.
According to published data, since July 11, 2019, the Startup Fund of Ukraine has provided $8.2 million in grants for innovative programs. 352 startup teams received funding.
Especially after February 24, 2022, 33 Ukrainian enterprises received grants and only three suspended their activities.
In addition, the Ukrainian Startup Fund topped the ranking of the most active funds by investments after the full-scale invasion, signing a record number of deals with Ukrainian projects during this time. During 2022, graduates of the Foundation’s grant programs attracted more than $10 million in investments.
As reported, the Ukraine Startup Fund became a partner of the European Innovation Council under the EIC Ecosystem Partnerships and Joint Investment Support program. The program aims to expand business acceleration opportunities by solving the biggest challenges for innovators: access to private sector services and attracting private investors.
Source: Ukrinform
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