Mission Possible: A new chance for early-stage Ukrainian startups
The Mission Possible venture program is launching its second round of early-stage startups, offering unique development and investment opportunities for Ukrainian entrepreneurs.
Support for innovative startups
New stage of the Mission Possible program
Venture initiative Mission Possible, which operates with the support of Ukraine-Moldova American Enterprise Fund (UMAEF), announces the start of the second set for young startups. As representatives of Mission Possible told ELBUZ, the program was created to help Ukrainian entrepreneurs go from the birth of an idea to its successful implementation and further expansion.
Who are the organizers looking for?
The program, scheduled for the period from September 2024 to February 2025, is open to startups with one founder or an entire team. The organizers invite to participate:
- Specialists with technical and engineering education, enthusiasts in the field of technology and artificial intelligence;
- Entrepreneurs seeking to move into the technology sector;
- Experienced businessmen;
- Ambitious students and scientists;
- Leaders who have experience working in startups and are ready to start their own project;
- Professionals with deep industry knowledge.
What does Mission Possible offer?
Program participants will receive:
- The possibility of interaction with the developed international ecosystems of Europe, Great Britain and the USA;
- Chance to attract investments within the program;
- Membership in a community of like-minded people and the opportunity to learn from successful founders and mentors from over 100 leading technology companies and startups.
How to join the program?
More detailed information about the conditions of participation, selection stages and opportunities of the Mission Possible program can be obtained by this link. Applications from potential participants are accepted until August 12, 2024 inclusive.
History and support of the program
Mission Possible was launched with the support of the Ukraine-Moldova American Enterprise Fund in September 2023 with the goal creation and scaling of Ukrainian startups. At the moment, the first stage of the program has been successfully completed, in which 20 entrepreneurs participated.
Ukraine-Moldova American Enterprise Fund (UMAEF) is a regional fund with a capital of $285 million, which is a pioneer in Ukraine and Moldova with more than 29 years of experience in investing in small and medium enterprises. UMAEF finances innovative, highly effective projects aimed at implementing reforms and improving the lives of ordinary people in Ukraine and Moldova.
Glossary
- Mission Possible is a venture program to support Ukrainian startups at an early stage of development.
- UMAEF (Ukraine-Moldova American Enterprise Fund) is a regional investment fund that supports small and medium-sized enterprises in Ukraine and Moldova.
- ELBUZ is an information resource covering business and startup news.
- Batch II - the second set of participants of the Mission Possible program.
- AI (Artificial Intelligence) - artificial intelligence, technology that imitates human intelligence in machines.
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Mission Possible venture program announces second round of early-stage startups. The program is supported by the Ukraine-Moldova American Enterprise Fund and provides an opportunity for Ukrainian entrepreneurs to develop their projects from idea to scaling.
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Olena
Wow, what a cool opportunity for startups! 🚀 I like that the program is open to different people - from students to experienced professionals. Anyone planning to apply?
Maxim
I've been dreaming of my own AI startup for a long time. This could be my chance! 🤖 Olena, don't you think to try it? We can even join a team!
Sophie
Sounds very promising! The opportunity to establish connections with international ecosystems is especially attractive. Maxim, what AI startup idea do you have in mind?
Olena
Maxim, that's a great idea! 😊 I'm just finishing my master's degree in computer science. Sophie, can you join us? The three of us could make a really strong team!
Viktor
Well, again these are your startups and new technologies. Is regular work not enough for you? All these innovations only make life more difficult. It would be better to do something useful.
Sophie
Viktor, don't be such a pessimist! 😄 Innovation moves the world forward. Olena, I would love to join your team! I have experience in marketing, I think it can be useful.
Maxim
Great, girls! 🎉 I'm thinking about an AI assistant to optimize business processes. Sophie, your experience in marketing will be very useful. Let's discuss the details and apply!
Olena
Perfectly! Maxim, your idea sounds promising. I propose to hold an online meeting tomorrow and discuss everything in detail. We have to make it to August 12! 💪