Incubators & technoparks

New co-working space opens in Warsaw for Ukrainian startups

On Sept. 8 in Warsaw, the Polish-Ukrainian Startup Bridge (PUSB) will “open a co-working for Ukrainian startups looking for temporary relocation” due to the war, reports Ukrainian tech blog AIN. Entrepreneurs will receive “a place for work and business meetings,” together with opportunity to exchange experience with peers. They can take advantage of various forms of …

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Ukrainian non-profits help startups integrate into advanced EU innovation ecosystems

In the weeks following the Russian invasion, the FREE Ukraine Foundation and investor association UVCA launched a program called ‘Support Ukrainian startups NOW,’ aiming to help Ukrainian IT entrepreneurs, their employees and families exposed to the war.  The UVCA provided Ukrainian Digital News with fresh updates about this initiative. To date, the program has supported …

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Ukrainian crypto regtech startup inks $3.5 million “strategic M&A partnership” with Swiss company

Earlier this month Ukrainian startup Global Ledger announced a “strategic M&A partnership” with Swiss fintech Promethiem AG.  Founded in 2018 by Alex Fisun, Andrey Lazorenko and German Stogniiev, Global Legder is a blockchain forensic startup that allows banks, fintech companies and crypto startups to follow obligatory AML/CTF compliance rules for crypto assets. It “disrupts money laundering and cybercrime,” allowing banks …

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Medtech on the rise: Ukrainian pharma major to invest in two local startups

Ukrainian pharmaceutical major Farmak Group has announced investments in two Ukrainian MedTech startups, Bicovery and ComeBack Mobility, as part of the Sector X acceleration program. Bicovery defines itself as “an ecosystem with web and mobile applications, which helps a person with bipolar disorder.” Relatives and doctors receive “more complete information about the dynamics of the …

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Techiia plans to build $1 billion “ecotechnopark” in Southern Ukraine

The Ukrainian tech holding Techiia has announced plans to build a large “ecotechnopark” in Nova Kakhovka, a city of 46,000 inhabitants located in the Kherson region, southern Ukraine.  At the core of the tech park, which will cover 90 hectares of land, will be a robust data center with a capacity of 500 megawatts. This …

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Major construction firm to invest $70 million in Unit.City

Kovalska, the largest manufacturer of building materials in Ukraine, is now also becoming a real estate developer. It will invest $70 million to build five new buildings within four years in the venue of Unit.City, Ukraine’s leading innovation park in Kyiv. According to a company announcement, Kovalska will build five business campuses with a total …

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Bridging Kyiv to London, an accelerator offers startups a new way to go global

Ukraine-born David Gilgur, the founder of Vimes Consulting, has established an early-stage startup accelerator for Ukrainian companies in London called Blue Lake.  Vimes has been working closely with Ukrainian startups for a number of years and previously organized an annual London-based event where selected Ukrainian startups pitched to UK early-stage investors.   Gilgur points out why he started …

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New generation of startup incubators offer local and international opportunities

Business incubators are not new to Ukraine.  Programs to assist small and medium-sized enterprises (SMEs) and startups with managerial training, office space and access to potential investors first appeared in Ukraine in the 1990’s.  Today, there are more than 100 programs that call themselves incubators.   Some of these incubators are intended for tech startup specifically. They are …

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500 Startups regional branch invites Ukrainian startups to meet in Lviv and Kyiv

This month Oguz Serdar (EIR) and Enis Hulli (Partner) of 500 Startups will offer a one-to-one session to Ukrainian early stage startups seeking funding or willing to participate in an acceleration program. Held in Lviv (March 16-17) then in Kyiv (March 19-21), these sessions will a unique opportunity to discuss options for early-stage funding and …

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Odessa launches first Ukrainian accelerator for urban projects

Startup Odessa has teamed up with the local city council to launch Betamisto, an Amsterdam-inspired accelerator for urban projects. The initiative – the first of its kind in Ukraine – aims “to coordinate the power of startups to solve the problems of the Ukrainian cities and replace the current state procurement system.” The members of the acceleration …

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Lviv business school and New York accelerator aim to promote FoodTech in Ukraine

How will Ukraine, which has been historically known as the “breadbasket of Europe” because of its major production of agricultural products, including especially wheat, seize the opportunities of the revolution occurring today in advanced countries in the field of food technologies? As new startups and innovators are disrupting how food is produced, distributed, sold and …

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USDOC SABIT IT 2018 program picks tech startups from former Soviet Union

The US Department of Commerce (USDOC) International Trade Administration established the SABIT program in 1990 to promote the economic restructuring of countries from the former Soviet Union.  There are several group programs within this initiative including Health Care and IT. The SABIT IT tech startup program recently chose 18 participants for its June 2018 executive …

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