Ukrainian Startup Fund – Фонд розвитку інновацій
Skip to content [#main] This website is not optimized for landscape orientation. Please rotate your device. About USF About USF Experts Partners Grant Support Innovative vouchers Corporate innovations Seeds of Bravery Fast Track to Victory Startups Funded startups Resources Events News Careers Contacts EN UK Log in EN UK About USF About USF Experts Partners Grant Support Innovative vouchers Corporate innovations Seeds of Bravery Fast Track to Victory Startups Funded startups Resources Events News Careers Contacts We invest Ukrainian Startup Fund in big ideas UFS with state support The Ministry of Digital Transformation was established in September 2019. Its goal is to transform Ukraine into a digital state. The key project of the Ministry is the Diia ecosystem, which consists of a mobile application, a portal and other services. Within Diia, the Ministry of Digital Transformation has launched the world’s first digital passport, which is a complete analogue of a regular passport, the fastest business registration, a comprehensive service for parents called eBaby, and many other services. Another important project is Diia.City, a unique legal and tax space for IT companies. After Russia’s full-scale invasion, the Ministry of Digital Transformation is waging the world’s first digital war against the aggressor. Minister in charge: Mykhailo Fedorov On 1 January 2023, the Ukrainian Startup Fund was transferred to the Ministry of Digital Transformation. Learn more 380+ startup teams supported $ 8.7 million in funding received by startups Get support Fund Support Programs The Fund’s programmes are aimed at promoting the development and growth of early-stage startups in Ukraine. What We Offer 01 Grant support Grant program to support Ukrainian projects from USF and WNISEF 02 Innovative vouchers Get the opportunity to present your product at the world’s largest technology exhibitions. 03 Corporate innovation Get the opportunity to incorporate your product into the work of the largest corporations in Ukraine. 04 Seeds of Bravery Ukrainian tech SMEs and start-ups can receive up to €60,000 under the project 05 Fast Track to Victory Get a quick approval to operate your UAV through the Fund’s web portal. Successful cases of our STARTUPS Raised $1.2 million in investments from a group of international VC funds (SMOK Ventures, Presto and others). The company raised 2.5 million Euros from the European Commission to build its own production plant. Raised $2,925,000. Esper Bionics was featured on the cover of Time magazine and recognised as one of the 200 best inventions of 2022. 01 USF is a driver of innovation in Ukraine 380+ startup teams have received over $8.7 million in funding. 02 USF is a driver of innovation in Ukraine 360+ events held (hackathons, bootcamps, educational lectures, mentoring sessions). 03 USF is a driver of innovation in Ukraine 7000+ applications received, 205 pro bono experts joined the Fund’s work 04 USF is a driver of innovation in Ukraine 287 startups attended 30 of the world’s largest tech events 05 USF is a driver of innovation in Ukraine 180+ partners involved in the Fund’s projects News All News 28.10.2024 On October 15, the Ukrainian Startup Fund took part in the panel discussion “Development of Innovation Ecosystems for Energy Transition: Ukrainian Context”. 25.10.2024 The winners of the competitive selection of startup schools – incubators – accelerators have been announced 17.10.2024 Development of innovative ecosystems in the energy sector: PolicyLab by Wennovate 15.10.2024 $350,000 for supporting Ukrainian projects: results of three Pitch Days within the Grant Program of the Ukrainian Startup Fund, supported by the Ukraine-Moldova American Enterprise Fund (Western NIS Enterprise Fund) 14.10.2024 €750,000 to support businesses: results of the grant competition by EU4Business 01.10.2024 Fozzy Group Acceleration Programme results: finalists determined 12.09.2024 European energy transition: innovations and challenges within WEnnovate 26.08.2024 $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) Events All Events Consumer Electronics Show 2025 Дізнатись більше Consumer Electronics Show 2025 The USAID Competitive Economy Program in Ukraine, together with the Ministry of Digital Transformation of Ukraine and Ukrainian Startup Fund with the support of UVCA, invites Ukrainian startups to apply for participation in the Consumer Electronics Show 2025! Consumer Electronics Show is the world’s most influential tech event, where innovations that shape our lives and set the technological trends of the year are born. Here, global brands make deals, find new partners, and industry leaders present their latest developments and bold achievements. Don’t be left behind — join in shaping the future. Showcase your technologies on the global stage. Discover solutions to the world’s biggest challenges. Promote your brand through exclusive opportunities for partnerships and collaboration with influencers. CES in numbers: over 138,000 attendees, 1,442 startups in Eureka Park, and 4,321 exhibitors. Every year, CES becomes the meeting place for leading innovators, tech leaders, media, influencers, visionaries, and potential customers from around the world. It is a unique space where ideas are born, deals are made, and the future of technology is shaped. The event will take place on January 7-10 in Las Vegas, USA. More information about Consumer Electronics Show 2025 – follow the link . As part of the participation in Consumer Electronics Show 2025, up to 10 selected startups will receive a spot in the Expo Zone, entry tickets for representatives, and participation in delegation activities, side events, and meetings with government and tech organization representatives. The organizers of the delegation cover the expenses of one company representative for participation in the conference, flight, accommodation and travel insurance. Startups that meet the following requirements are invited to apply: Must be registered in Ukraine as a legal entity (including sole proprietors) and operate in Ukraine, or, in the case of operating on behalf of a company registered in another jurisdiction, have the majority of their team based in Ukraine (officially employed); Position themselves as a Ukrainian startup, which must be reflected on the startup’s website, social media accounts, and public digital platforms for finding investors/partners (Dealbook, Crunchbase, etc.); The majority of founders must be Ukrainian citizens; Minimum development stage: having a working prototype or industrial sample, initial sales in Ukraine, pre-orders, or pilot projects with domestic clients, or the startup is testing new markets; Develop a technological solution in any of the categories listed on the CES website ; Have at least one team member with fluency in English; Meet the criteria for participation in the Eureka Park exhibition hall. Preference will be given to applicants participating in the Consumer Electronics Show for the first time; Having a valid US entry visa (B1/B2 or other categories) will be considered an advantage during the selection process. Mandatory requirement : Physically present your solution during the exhibition in the form of a functioning prototype, experimental or industrial sample, or a 100% ready product. A large-scale detailed model that demonstrates all features and capabilities of the solution is also allowed. SELECTION TIMELINE Application submission: 07.10.2024 – 27.10.204 Status update on the USF portal: by 05.11.2024 Online Pitch Day, where the delegation will be selected: by 20.11.2024. Application deadline for the selection process : October 27, 2024, 23:59. For additional information, please contact: [email protected] . The application and pitch deck must be submitted in English. The application can be found in the personal account section of the Ukrainian Startup Fund portal under the Partner Programs section. The Ukrainian startup delegation will participate in Consumer Electronics Show 2025 thanks to the USAID Competitive Economy Program in Ukraine. This initiative is being implemented jointly with the Ministry of Digital Transformation of Ukraine and Ukrainian Startup Fund with the support of UVCA. APPLY HERE The AI Summit New York 2024 Дізнатись більше The AI Summit New York 2024 The USAID Competitive Economy Program in Ukraine, together with the Ukrainian Startup Fund and with the support of the Ministry of Digital Transformation of Ukraine, announces the start of the selection process for Ukrainian startups to participate in the AI Summit New York! The AI Summit New York annually brings together the most influential leaders in technology and business to showcase the most revolutionary AI-driven solutions that are already changing the world. On December 11-12 , over 30,000 participants , more than 5,000 startups , and venture funds will gather in New York to shape the future of the AI industry. The summit unites top global tech players, startups, investors, and industry experts to explore new AI opportunities. This year, representatives of the Ukrainian tech ecosystem will have the chance to participate in The AI Summit New York for the first time! Participants will gain access to exclusive content, invaluable networking, and cutting-edge ideas. Is your product built on AI? Join the selection process! For more information about The AI Summit New York 2024, follow the link . As part of the participation in the AI Summit New York, up to 10 selected startups will receive a spot in the Expo zone, entry tickets for representatives, and participation in delegation activities, side events, and meetings with government and tech organization representatives. The organizers will cover the expenses for one representative from the startup, including conference participation, flight, accommodation and travel insurance. ELIGIBILITY CRITERIA FOR PARTICIPATION: Product companies and startups developing AI-based products; Seed, Series A, Series B stages; MVP with existing users; English-speaking founder or team member; Ready to attract investments, with previous funding rounds from well-known angels and/or funds; Using technologies created in Ukraine and/or continuing R&D development in Ukraine; Positioned as a Ukrainian company (as stated on all public resources, including Crunchbase) and operating through a Ukrainian legal entity. SELECTION PROCESS: Submit an application on the USF portal; Eligibility check; Participate in the online Pitch Day and present the startup to a jury of Ukrainian and international experts; Selection of up to 10 companies based on evaluations, with an invitation to join the Ukrainian delegation at the AI Summit New York 2024. SELECTION TIMELINE: Application submission: 28.09.2024 – 09.10.2024 Status update on the USF portal: by 17.10.2024 Online Pitch Day, where the delegation will be selected: by 22.10.2024. Application deadline for the selection process : October 9, 2024, 23:59. For additional information, please contact: [email protected] . The application and pitch deck must be submitted in English. The application can be found in the personal account section of the Ukrainian Startup Fund portal under the Partner Programs section. The Ukrainian startup delegation will participate in The AI Summit New York thanks to the USAID Competitive Economy Program in Ukraine. This initiative is being implemented jointly with the Ukrainian Startup Fund with the support of the Ministry of Digital Transformation of Ukraine. APPLY HERE Web Summit Lisbon 2024 Дізнатись більше Web Summit Lisbon 2024 The Ministry of Digital Transformation of Ukraine and Ukrainian Startup Fund, supported by the Ukraine Moldova American Enterprise Fund and Seeds of Bravery invite Ukrainian startups to participate in the selection process to represent the national tech ecosystem at Web Summit Lisbon 2024! This November, thousands of entrepreneurs, investors, and tech leaders will gather in Lisbon to unite the world of technology at Web Summit Lisbon — the largest global conference in the field of innovation. Every year, Web Summit Lisbon attracts over 70,000 attendees, more than 1,000 investors, and 3,000 of the most promising startups from around the world to shape the future. Are you ready for the most exciting event for leaders of the global tech ecosystem? Learn more about Web Summit Lisbon at the link ! As part of their participation in Web Summit Lisbon, 24 selected Ukrainian startups will receive a place in the startup pavilion, entry tickets for representatives, and participation in delegation activities, side events, and meetings with government officials and tech organizations. Travel costs for delegation participants are not covered. Startups meeting the following criteria are invited to apply: Seed or Series A stage; have customers, traction, or secured investments; own a unique software or hardware product; founded less than 5 years ago with up to 150 employees; use technologies developed in Ukraine or conduct R&D in Ukraine; position themselves as a Ukrainian startup with a Ukrainian legal entity; ready to cover travel and accommodation expenses. During the selection process, priority will be given to civil startups that have participated in delegations organized with the support of the Ministry of Digital Transformation and the Ukrainian Startup Fund no more than twice in the past year. Selection Process: Submit an application on the USF portal; Verify eligibility against competition criteria; Participate in an online Pitch Day and present to a panel of Ukrainian and international experts; 24 startups will be selected based on evaluations and invited to join the Ukrainian delegation at Web Summit Lisbon 2024. Selection Timeline: Application period: 06.09.2024 – 15.09.2024 Applicant status update on the USF portal: 17.09.2024 Online Pitch Day to select finalists: 20.09.2024 Application deadline for the selection competition is 15.09.2024, 23:59. For additional information, please contact [email protected] . Application and presentation (pitch deck) language: English. Applications can be found in the “Partner Programs” section of the Ukrainian Startup Fund portal’s personal account. The Ukrainian delegation’s participation is made possible through the collaborative efforts of the co-organizers: the Ministry of Digital Transformation of Ukraine, Ukrainian Startup Fund, with support from the Ukraine Moldova American Enterprise Fund and Seeds of Bravery. APPLY Show more Stay Connected With Us Join the largest startup community in Ukraine We are on Facebook 10200+ members We are on LinkedIn 4000+ members We are on Telegram 4000+ members We are on Instagram 2400+ members We are on YouTube 2700+ members Ukrainian Startup Fund © 2023 Legal Address: 26 Otto Schmidt Street, Kyiv, 04107 Design figmatica© Development EVNE Developers Privacy policy Gender Equity Plan Corruption Prevention About USF About USF Experts Partners Startups PROGRAMS Grant Support Fast Track to Victory International delegations Corporate innovations RESOURCES Events News Careers Contacts CONTACTS Building B8, 201 3 Dorogozhytska Street, Unit.City, Kyiv, 04112 +38 (044) 465 70 35 [email protected] The fund was created in 2018 at the initiative of the Minister of Finance of Ukraine. From January 1, 2023, he was transferred to the sphere of management of the Ministry of Digital Transformation. Supported by Ready to take your startup to the next level? 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