Ukraine invests 10 billion UAH in startups and spends 60,000 on IT courses for Ukrainians
On June 10, 2022, during a meeting of the Cabinet of Ministers of Ukraine, the Prime Minister of Ukraine, Denys Shmyhal, announced that the state is interested in developing new Ukrainian start-ups and ready to invest 10 billion UAH in them.
“The Ukrainian Startup Support Fund will buy back shares in newly established companies. The target audience of the program is a start-up IT entrepreneurs who have an idea to create a technology start-up and are looking for funding for the stage of creating a test model,” the head of Government noted.
“Ukrainians who want to qualify as a junior developer or graphic designer, or other technical specialists will have a chance to receive a grant that can only be spent on training in IT courses. The state will provide funding for 60,000 Ukrainians, who will then be able to find work in this field,” Denys Shmyhal added.