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February 28, 2022

Information for startups: on reporting and monitoring the use of grant funds in martial law

Due to force majeure, we inform you about changes in the work of the USF, which are aimed at supporting startups, many of which have joined the Ukrainian army and are defending our country.

In particular:

– During martial law, the Fund’s Monitoring Commission will NOT make decisions on approving reports and, accordingly, transferring the next tranches for startups. This means that startup funding is temporarily suspended.

– At the same time, the Monitoring Commission of the USF continues to process reporting documents of startups and communicates with startups through the same communication channels they used before, including through the web portal (https://portal.usf.com.ua/) and official mail: [email protected].

– The duration of the current reporting period will be extended for the duration of martial law. This means that you can submit reports later, and this will not be considered overdue.

We emphasize that the Fund’s web portal and online support for startups work on a regular basis.

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