On November 13, the Ukrainian Startup Fund held its 16th Pitch Day. The event took place online and due to quarantine was held remotely, using a service for video conferencing – Zoom. 10 startups made presentations (pitches). All of them are at the seed stage (each of them applies for state grant funding in the amount of $ 50,000).
The event began with a greeting from the advisor to the Minister of Digital Transformation of Ukraine, legal lead of the Diia City project and lawyer Denis Aleinikov, who said what exactly a new special legal regime will give for the IT industry and startup ecosystem:
“What we are doing with you is a great and important thing! It may seem that this is only a modest help to small companies, but as a result they can become big companies that transform not only the economy of Ukraine, but also the whole world. I am convinced that the future lies in the digital economy and the hegemony of commodity countries is coming to an end. The Ukrainian Startup Fund and the Ministry of Digital Transformation of Ukraine are part of this big case, which is already showing real results in the form of grants and Diia City. These are concrete things that real innovative entrepreneurs will feel and already feel”
The festive part was closed by Inna Shylova, Community & events at LIFT99 Kyiv Hub, who for the first time announced that five of the startups, according to LIFT99 representatives voting, will have free access to the hub for two months.
Who is the jury made up of?
- Andriy Zinchuk. Managing director at Demium.
- Kateryna Degtyar. Chapter director at Startup Grind Kyiv.
- Mykhailo Khaletskyi. Senior Investment Analyst at Simpact VC.
- Felix Litvinsky. Managing director at Blackstone LaunchPad.
- Yurii Sereshchenko. Managing partner at Quarter Partners.
- Stanislav Podyachev. Managing partner at Blockchain Lab.
- Maksym Beshleul. Founder and CEO at MedicalLife.
The main criteria for evaluating projects at the seed stage are: team, market, product, feasibility of financing, strategy. In each category, a maximum is 5 points (in total maximum is 25). The passing score for a recommendation to the Supervisory Board for a grant is 15 points.
This time the audience award according to a vote in the telegram channel was gained by the startup YAMPOS.
HackenAI, GLOICE, Knopka, Checki and Cotano projects received a special prize from Inna Shylova in the form of free access to the LIFT99 Kyiv Hub for two months.
According to the results of the Competition Сommittee’s assessments, the following startups rating list was formed (from the highest score to the lowest):
- Cotano. Solution that Increases salespeople’s performance through automation and gamification.
- HackenAI. Personal Cybersecurity Application. At HackenAI, we understand that privacy is becoming more of a challenge, that’s why we devoted our efforts to create an application suite to protect you in this rapidly changing world. Interactive educational modules, achievements, collectibles and membership options will motivate users to care more about their personal cybersecurity and teach them best practices to avoid future issues.
- Lawyerd! A fully automated process of defends intellectual property rights on the Internet.
- Vitrager. “Booking.com” for window industry.
- QRWaiter. Service for restaurants, which provides online ordering.
- Knopka. New nurse calling system and communicating system for medical staff. «Knopka» monitors how quick nurse get to patient, and guarantees help delivery to patients. The service reduces the amount of physical exertion on nurses and significantly reduces conflicts between nurses and patients. The service provides hospital management with important statistics on the speed of care and the number of calls.
- YAMPOS. Point of sale service offers all the features your beauty supply store needs to grow.
- Checki. Smart service of electronic receipts. Customers do not need to save cash receipts anymore. Business can lower charges on paper and fiscal registers and can get additional marketing tool.
- GLOICE. Multi-purpose platform that permits users and businesses to interact with local communities. Users can connect with locals wherever they go and get advice in real-time. Businesses not only can target users based on their location, but also by their needs – and sell to them directly.
- FTB. Web service for stadiums.
At the USF Supervisory Board meeting, which will take place in the near future, it will be decided which startups will receive grant funding.
We remind that according to the results of the 12th and 13th Pitch Days eight startups at the pre-seed stage were funded (Portal, Organization.GG, Djooky, Abrakadabra, iBeauty, VAR Energy, Next Generation, SPOKK) and 3 startups at a seed stage (Outloud.ai, Esper Bionics, IGnation).