EU invests € 20 million to support Ukrainian startups

EU has launched an ambitious action to support at least 200 Ukrainian tech start-ups with up to € 60,000 each. European Innovation Council will also offer non-financial support, such as business advisory services and matchmaking.

“While fighting Russian military aggression, it is vital for Ukraine to look forward. The country has a vivid start-up scene and great potential for innovative businesses. It is very important to preserve this economic capacity and enable Ukrainian tech innovators to grow and integrate further into the European innovation ecosystem. We want them to expand their operations to the European markets and beyond,” President of the European Commission Ursula von der Leyen said.

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