Select startups will receive up to $ 100,000. This money could be used to continue the growth and restoration of business activities affected by the war.
The company announced the launch of a fund to support Ukrainian startups worth $ 5 million. Projects that already existed in Ukraine at the time of the start of the war could participate in the competition. This was stated in a statement.
Thus, select startups will receive up to $ 100,000 on a non-share basis. They will also participate in the mentor support program from Google, will have product support and Google Cloud credits.
Startups:
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was established and based in Ukraine until February 24, 2022;
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pass the testing phase (MVP) and have proven profitability (product to market / pilot version / early revenue).
At the same time, priority will be given to companies and startups with a social mission.
Startup founders should use the funds received to:
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continued growth/recovery of war -affected business activities;
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the main product for solving new problems and current crises.
Earlier it was reported that the Reface startup began sending footage of the war in Ukraine to the Russians.
A platform for business transfer has emerged in Ukraine
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Source: korrespondent
