$150,000 for Ukrainian projects: results of the third Pitch day within the framework of the Ukrainian Startup Fund Grant Program with the support of the Ukraine-Moldova American Enterprise Fund (Western NIS Enterprise Fund)
The third Pitch day of the Ukrainian Startup Fund’s Grant Program was held, where 15 pre-seed projects that received the highest scores in the expert evaluation competed for grants of up to $25,000.
The winners became 6 projects:
eXtra Vision is an artificial intelligence-based application for converting medical images (CT/MRI) into a 3D model. With this application, the surgeon can see the patient’s internal structure before the operation.
Web Parkan is an online space for Ukrainian digital design professionals to showcase their work, explore the work of colleagues, share experiences and tools for professional growth.
GrAI is an application that uses AI to help musicians increase the number of views on digital platforms. The project will provide personalized recommendations and forecasts based on the analysis of millions of data processed by AI tools and integrated IT solutions to optimize the promotion of music.
Amy is a unique library of tools for self-coaching and access to a database of certified career coaches in the field of professional development and employment.
Brainfor is an app based on the methodology of learning 5,000 of the most common English words in 100 hours through associations with the possibility of registering in an online school to practice with a teacher.
ALFYLANG is an application aimed at creating an effective educational environment where students receive personalized learning and teachers receive the necessary support to ensure high quality educational services.
On February 26, 2024, the Ukrainian Startup Fund together with the Ukraine-Moldova American Enterprise Fund announced the relaunch of the Fund’s flagship program. The initiative is aimed at actively developing innovations, strengthening the country’s economy, and increasing the global competitiveness of Ukrainian projects. The program will allocate $2.5 million to support promising Ukrainian companies at the pre-seed and seed stages.
As a reminder, 13 projects worth $50,000 were supported during the first two Pitch days, including:
7 projects at the seed stage: Nanit Robot (Drone Master), Input Soft, Knopka, Uspacy, The Great Catalog, Melt Water Club, and Formsniper.
6 projects at the pre-seed stage: Humancreed, Genery, Interview.top, CheckEye, Functional Textile Lab, and Playmanity.
To receive grant support from the Ukrainian Startup Fund, you need to register on the Fund’s web portal, fill out and submit an application that will be evaluated by experts. If applicants receive high scores, they will be able to present their project at Pitch day and compete for grants of $25,000 or $50,000 (depending on the stage of the project).
More details about the program are available here: https://usf.com.ua/programs/grants-program/
The Ukrainian Startup Fund is a state institution that helps innovative projects and tech startups raise funds at the early stages and launch their own projects.
The Ukraine-Moldova American Enterprise Fund (Western NIS Enterprise Fund) is the first regional private equity fund in Ukraine and Moldova with experience in investing in small and medium-sized companies.
The grant program is implemented by the Ukrainian Startup Fund with the financial support of the Ukraine-Moldova American Enterprise Fund (UMAEF).
