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    Startups are a powerful potential for technology development in Ukraine

    Startups are a powerful potential for technology development in Ukraine

    Cooperation with international donors and Ukrainian investment institutions for the sake of defeating the enemy and further renewal of Ukraine is one of the main activities of the ONOVA League. 

    The ONOVA League informs the business community about opportunities to attract funding and support for the implementation of projects aimed at restoring our country and developing the economy.

    In this area, the Ukrainian Startup Fund (USF) deserves special attention, as it promotes the creation and growth of early-stage technology startups in Ukraine.

    Ukrainian Startup Fund (USF)


    ✅ Created in 2019. Over the years: amount of grants provided: UAH 160+ million; 200+ startups financed. 

    ✅ Tops the ranking of the most active funds with investments after February 24, 2022, having concluded 33 deals with Ukrainian projects during this time.

    ✅ Finances startup training at national and international accelerators


    Current USF grant support programs

    Program of grant support for dual-use projects to increase the country's defense capability and post-war reconstruction.


     

     Non-refundable financial assistance for projects in the following industries:

    • defense
    • cybersecurity
    • healthcare
    • education
    • infrastructure reconstruction.

    The grant amount is up to USD 35 thousand.


    Acceleration program


    The goal of the program is to help Ukrainian startups become successful global companies. This includes training, mentoring, experience exchange, and high-quality networking with the strongest players in the international startup ecosystem.

    Grant amounts up to USD 10 thousand to launch a project.


    Innovation voucher program


    Up to USD 10 thousand per startup for participation in international conferences.


    To learn more about other USF programs and details of the Ukrainian Startup Fund's activities, please see the presentation by Pavlo Kartashov, Director of the Ukrainian Startup Fund, at the Business Upgrade Forum 2023, or visit https://usf.com.ua/.

    "We are all working hard to modernize Ukraine. Startups undoubtedly play an important role in advancing this goal as a tool for attracting investment. This applies to various industries, including military-tech, energy efficiency, digitalization, construction materials, etc. We call on professional teams and entrepreneurs to join forces to create new innovative projects in these areas to help rebuild and increase the competitiveness of our country as soon as possible. Perhaps, in the future, our startups will become the most successful investments for foreign investors," said Yehor Stefanovych, Chairman of the Board of the PU UFEES, Chief Coordinator of the ONOVA League.


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