President presents state grants to winners of first startup competition

President presents state grants to winners of first startup competition

President of Ukraine Volodymyr Zelensky has participated in the award ceremony of the first grant contest of the Ukrainian Startup Fund.

“The Head of State presented eight certificates for the total amount of UAH 9 million to the representatives of the companies-winners for the implementation of innovative ideas,” the press service of the Head of State reports.

“Today, the first winners will receive state funding for their startups. These are investment projects in various spheres that can improve the lives of both individual sectors and ordinary citizens of Ukraine,” the President said, greeting the winners.

The Head of State stressed that such investment projects helped small business grow big.

The Ukrainian Startup Fund provides funding to early-stage companies. A startup that meets all the selection criteria can receive up to $75,000 from the state: up to $25,000 at the pre-seed stage and up to $ 50,000 at the seed stage.

State funding was provided to BioBin mobile application, Pytag search service, Ukrainian sustainable women's clothing brand Framiore, Pravomen legal aid service, FieldBI agricultural land management information analytics system, BIOC nanotechnology for bioplastics, service on evaluation of locations for successful business development, AeroDrone developer of solutions for drones.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2020 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: