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Ukrainian government launches UAH 400-mln start-up venture capital fund
Journal Staff Report

KYIV, July 11 The budget of the Ukrainian Startups Fund is UAH 400 million, and it plans to issue grants in the amount of $25,000-75,000 at early stages, Ukrainian Prime Minister Volodymyr Groysman said.

"Today it is [UAH] 400 million of real money that will be used to support startups from $25,000 to $75,000 for the period of 24 months of implementation. The start this year, I think, should lead to a multiple increase in funding of this fund to UAH 4 billion," he said on Thursday, presenting the fund in Kyiv.




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