EBRD offers €500,000 to Ukrainian green tech companies

In spite of the war, as previously reported by Ukraine Digital News, the EBRD resumed this year its Climate Innovation Vouchers program in Ukraine. As much as €500,000 of new grants will soon be awarded to 13 innovative Ukraine-based companies.

As reported by TechUkraine.org, these companies include Advansys, AEV Charging Factor, Carbominer, Ecofactor Charge, Frendt, Gardarica Tress, Input Soft, Konoplyany Technologii, Meredot, PDM Engineering, ReCon, Releaf Technology, S.Lab and Teplotekhnika Group.

Operated by Greencubator, a Ukrainian non-profit for sustainable entrepreneurship, the program targets innovative SMBs develop or implement technologies that reduce greenhouse gas emissions, increase energy efficiency and prevent climate change. 

The initiative — a component of the EBRD’s FINTECC initiative — is supported by the EU under the EU4CLIMATE initiative. Ukraine was the first country to benefit from these vouchers when the program started back in 2017. Six phases of the program were completed during these five years, providing 32 Ukrainian companies with vouchers for almost €1.24 million.

Read more about the winners in TechUkraine.org

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