Google selected the first Ukrainian startups in 2024, which will receive grants of up to $100,000 to develop their innovative solutions and contribute to the recovery of Ukraine's economy after the war.
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Selected startups
The Google company named the list of Ukrainian startups that in 2024 will receive financial support within a fund created to promote the development of technological companies in Ukraine. In addition to cash grants of up to $100,000, selected projects also receive credits for using Google Cloud cloud services and mentoring support from the company's experts.
Among the first startups that won support in 2024, the following projects are:
- Ailand Systems – developers of intelligent drones for detecting mine threats.
- BazaIT is a platform for comprehensive selection of specialists in the field of information technologies.
- Carbominer is a startup working on the latest technology for extracting carbon dioxide from atmospheric air.
- Clearly is a digital space for effective communication between psychotherapists and clients.
- Eddy is a comprehensive solution to meet the needs of teachers, students and their parents.
- Eventmate is an application for event organizers that allows you to interact with the audience through messengers.
- Natively is a service for transforming websites into mobile applications for iOS and Android.
- Spendbase is a platform for optimizing companies' spending on software development, cloud technologies and corporate payment cards.
- Uspacy is a single digital workspace for small and medium-sized businesses that facilitates communication, collaboration and customer relationship management.
Opportunity to join
Ukrainian startups can apply for participation in the next wave of selection until July 31. Evaluation of projects will be carried out on the basis of predefined criteria and interviews with teams.
The purpose of the fund is to provide assistance to technological companies of Ukraine in their development and to promote the economic recovery of the country in war conditions.
The potential of Ukrainian startups
According to Google in Ukraine, the total value of the domestic startup ecosystem is estimated at €28 billion. The number of Ukrainian startup unicorns per successfully financed the project is twice the average in Europe.
The Fund to Support Ukrainian Startups was established by Google in March 2022 with an initial funding volume of $5 million.
Glossary
- Google is a world-renowned technology company specializing in Internet services and products.
- Google Cloud is a cloud platform from Google for data storage, application development and deployment.
- A startup is a newly created company that builds its business on the basis of innovative technologies or ideas.
- A unicorn is a startup whose market value exceeds $1 billion.
Link
- Google's official blog about support for Ukrainian startups
- Page of the Ukrainian startup support fund from Google
- Central and Eastern Europe Startup Ecosystem Report
- Ailand Systems startup website
- BazaIT startup site
- Carbominer startup site
- Clearly startup site
- Eddy startup site
- Eventmate startup site
- Natively startup site
- Spendbase Startup Site
- Uspacy Startup Site
Answers to question
What are the criteria for selecting startups to receive grants from Google?
What amount of grants can a startup receive from Google?
Which Ukrainian startups will receive Google grants in 2024?
Do Ukrainian startups still have a chance to apply for grants from Google?
What is the total value of the Ukrainian startup ecosystem and the number of unicorn startups?
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Discussion of the topic – Google selected the first Ukrainian startups that will receive up to $100,000 in grants in 2024
Google named the first recipients of the fund to support Ukrainian startups in Ukraine in 2024, who will receive grants of up to $100,000, Google Cloud loans and mentoring support.
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Роман
It is interesting to see how companies recognize the potential of Ukrainian startups and invest in them. Such support is really important for business development. I hope that this Google initiative will be successful and will help implement many promising ideas. 🚀
Аліна
Yes, I also noticed some interesting startups on the list. Carbominer especially attracted attention with their CO₂ capture technology. This could be really useful in the fight against climate change. I wonder how exactly they implemented it? 🌱
Володимир
Of course, the support of big companies like Google is very important for young startups. But I believe that the greatest value is the idea itself and the hard work of the team. Grants are good, but without the right approach and desire to succeed, they will not be enough. 💪
Єва
I am attracted to the idea of Eddy - a digital space for educators. As a teacher, I see great potential in such solutions. This can make life easier for teachers and help make learning more effective and interesting for students. 👩🏫
Гриць
All these new technologies and trends, to be honest, scare me a little. Aren't we too caught up in the pursuit of innovation? After all, not all of these startups will be successful, and their ideas will be in demand. In my opinion, it is better to stick to time-tested solutions. 🧐
Дарина
Hryts, I understand your doubts, but I cannot but agree that progress is impossible without innovation. Of course, not all startups will be successful, but is this a reason to give up new ideas? Risk is an integral part of any business. 💼
Олег
In my opinion, Google's initiative is a great opportunity for Ukrainian startups to declare themselves on the international stage. In addition to financial support, they get access to mentors and Google's cloud infrastructure. This can significantly accelerate their development. 🌍
Марина
I love the idea of Eventmate! I often have to organize various events, and such a tool for engaging the audience would be simply indispensable. I hope they will continue to develop their product and introduce new features. 🎉