USF is preparing to launch a government support program in Ukrainian startups

As part of the “eRobota” state program, the Government of Ukraine will provide grant support for Ukrainian startups.

The new grant program for startups will be administered by the Ukrainian Startup Fund.

Financial support will be provided to startups at various stages of development – from an idea to a finished product – in the form of a grant from 750,000 to 3.5 million hryvnias (UAH).

In particular:

  • up to UAH 750,000 – for startups that have Proof of Concept;
  • up to UAH 1.5 million – for startups with MVP;
  • up to UAH 3.5 million – for startups with MVP+traction, that attracted angel investments – at least UAH 750,000.

In addition, a new investment matching mechanism will be introduced in the form of a convertible loan – from UAH 3.5 million to UAH 8 million.

The main funding criteria: the creation of 3 to 10 jobs, as well as the emphasis on the development of new technologies and solutions.

Applications for participation in this grant program will soon be accepted on the web portal – https://portal.usf.com.ua/