IT Arena Startup Competition

September 3, 2021

The Ukrainian Startup Fund as a partner of IT Arena Startup Competition invites Ukrainian startups to take part in the Startup Competition within the most expected technical conference of the country IT Arena, which will take place on  7-9th of October 2021 in Lviv. The event will take place in a mixed format, combining the benefits of offline and online, and will gather the most ambitious early-stage startups of Ukraine.

Under the Memorandum of Cooperation, USF will provide financial support to the winners of the competition in the form of grants (innovation vouchers):

  • 1st place – $10 000
  • 2nd place – $8 000
  • 3rd place – $5 000

The total prize of the IT Arena Startup Competition is $ 70,000.

The conditions for participation:

  • the startup needs to be no more than 2 years old and have at least a demo version of the product;
  • the startup has to have raised no more than $200k of investments;
  • you need to be ready to be interviewed and confirm your participation in the pitch of 30 startups;

The stages of participation:

  • Stage 1  (till 18.09) — Registration at the IT Arena website.
  • Stage 2 (20-28.09) —Startup evaluation.
  • Stage 3 (29.09) — Announcing the finalists. 30 startups will pitch on the stage at IT Arena.

The jury of the IT Arena Startup Competition will consist of experts from the Ukrainian Startup Fund, investors from the Lviv Tech Angels business club, as well as investors and fund experts from the United States and Europe. More details