Google will allocate $ 5 million to support Ukrainian startups
Ukraine has a strong and active community of startups, but due to the long war, the Ukrainian economy and business are facing serious problems. Throughout Ukraine, countless entrepreneurs work in extraordinary conditions to maintain the liquidity of their business and stimulate further investment. These startups often work abroad and have employees both in Ukraine and in neighboring countries. Google believes that their efforts should be supported in every possible way.
🌎 Google's $ 5 million Ukrainian Startup Support Fund will provide assistance to approximately 50 Ukrainian-based companies in 2022. Additionally, each startup will receive Google Cloud, as well as support from Google managers. These non-equity investments and practical support are designed to help Ukrainian entrepreneurs support and develop their startups, strengthen their community and build a foundation for post-war economic recovery.
💻 Who can apply?
• Startups that were founded and based in Ukraine until February 24, 2022
• Startups that have passed the testing stage (MVP) and have proven profitability (product on the market / pilot version / early income)
Priority will be given to companies with a mission of social impact.
The founders of the startup should use the monetary reward for:
- Continuation of growth / resumption of business activities affected by the war
- the main product for solving new problems and the current crisis
Applications can be submitted continuously from March - they will be considered on a permanent basis during 2022.
To apply, click on the "Apply" website.
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