Policy making

EU sets up €20 million support for Ukrainian startups through European Innovation Council

The European Commission has launched an ambitious €20 million action to support the Ukrainian innovation community. Through a targeted amendment of the 2022 European Innovation Council (EIC) work programme, the new initiative will support at least 200 Ukrainian deep tech start-ups with up to €60,000 each. In addition, the EIC will offer non-financial support, such as business …

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Ukraine’s association agreement to Horizon Europe and Euratom Research and Training Programmes enters into force

Today, the agreement associating Ukraine to Horizon Europe, the EU research and innovation programme (2021-2027) and the Euratom Research and Training Programme (2021-2025) entered into force, following its ratification by Ukraine. The Ukrainian research and innovation actors can now fully participate in these programmes on equal terms with entities from the EU Members States. In view of the ongoing …

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Ukraine’s “Redevelopment and Recovery Plan” aims to address urgent and long-term needs at no risk for private investors

In late May, the World Economic Forum in Davos played host to a round table on the “restoration of Ukraine.” Among the participants were Alex Bornyakov, Ukraine’s deputy minister of Digital Transformation, and Andrey Kolodyuk, chairman of the supervisory board of the Ukrainian Venture Capital and Private Equity Association (UVCA).  The UVCA presented a “Ukraine …

Ukraine’s “Redevelopment and Recovery Plan” aims to address urgent and long-term needs at no risk for private investors Read More

Ukraine launches NFT ‘Museum of War’ in crypto crowdfunding push

Ukraine started auctioning off a collection of non-fungible tokens (NFTs) on Friday in an expansion of a cryptocurrency fundraising push that Kyiv says has already collected more than $65 million for its war effort. The ‘Meta History: Museum of War’ collection is a series of digital images – including silhouettes of warplanes, screengrabs of news …

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Ukraine legalizes crypto sector as digital currency donations continue to pour in

Ukraine has passed a law that creates a legal framework for the cryptocurrency industry in the country. The law allows foreign and Ukrainian cryptocurrencies exchanges to operate legally, according to the country’s Ministry of Digital Transformation.  Ukraine’s President Volodymyr Zelenskyy has signed the law as Russia’s war on Ukraine continues underscoring the important role that …

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Ukraine to launch NFT to mark history of Russian invasion

The Ukrainian government is to launch a non-fungible token marking the history of the Russian invasion with unique digital art, in its latest use of digital assets to fund its war efforts. The country’s deputy minister of digital transformation, Alex Bornyakov, said the NFT collection would be “like a museum of the Russian-Ukrainian war. We want to …

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After cyberattack on Ukraine, western allies point at Russia but have no detailed response plan

“The largest DDoS attack in Ukraine’s history,” according to the digital transformation minister Mykhailo Fyodorov, took place this past Tuesday, Feb. 15 — just one month after a previous attack.  The attack targeted the websites of the defense ministry and armed forces as well as two of Ukraine’s two largest banks – PrivatBank and Oschadbank. Starting at 3pm that day, …

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Security service busts Russia-backed bot farm attacking Crimea Platform

Ukraine’s Security Service (SBU) detained four Kyiv residents suspected of operating a bot farm to spread disinformation about the Crimea Platform summit on social media. The suspects used 15,000 fake online accounts, the so-called bots, to write disparaging content about the results of thesummit, posing as ordinary users of Facebook, Instagram and TikTok, SBU said on Aug. 28. …

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Ukraine unveils roadmap to integrate cryptocurrencies by 2024

As a country where cryptocurrencies have enjoyed a growing popularity, Ukraine now also has a strategy to develop its virtual asset market within the next three years. The plan has been presented by officials from the Ministry of Digital Transformation, other government institutions and representatives of the private sector, Forklog reported. The roadmap envisages various regulatory, …

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Ukraine’s parliament imposes additional taxes on Apple, Netflix, Facebook

Ukraine’s parliament passed a bill on June 3 that imposes additional taxes on foreign companies like Apple, Netflix, Amazon and Facebook. According to the new legislation, foreign tech companies that are not registered in Ukraine will pay a 20% value-added tax (VAT) for digital services they provide to local users. The bill targets content like …

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‘Ukraine in Washington:’ Policy makers and industry leaders discuss bilateral developments and tech innovation (May 11-13)

On May 11-13 the US-Ukraine Foundation (USUF) will hold a three-day online conference, gathering a bevy of high-level government officials, policy experts and business leaders. A special emphasis will be placed on startups and innovation. One of the hallmarks of the event will be a virtual expo hall, where participants will be able to view and interact with …

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