About past, present and future of Ukraine

Search mobile

Main Business — In Ukraine, a new non-profit project called $100M Startup has been launched to support the Ukrainian startup industry

Business

In Ukraine, a new non-profit project called $100M Startup has been launched to support the Ukrainian startup industry

22 May, 2024
209
In Ukraine, a new non-profit project called $100M Startup has been launched to support the Ukrainian startup industry

Share this article

The project will be implemented in several stages. Currently, the first stage has been launched, which is an educational block created for and about Ukrainian startup founders.

The goal of this stage is to share working cases of startup founders, life hacks from investors, and insights from experts in the technology industry, according to the press release.

"$100M Startup believes that this will not only inspire entrepreneurs to continue creating innovative businesses despite the war but also provide practical tools for their development."

The project was initiated by Zhenya Gusarov, an angel investor, and founder of Gusarov Startup Studio.

"Ukraine needs innovations. Ukraine needs technology. Ukraine needs people who will create them. According to Techosystem, there are currently about 2,000 startups operating in Ukraine. For comparison, there are over 80,000 in the USA. We have room to grow! The mission of the $100M Startup project is to contribute to the development of the startup culture and innovation ecosystem in Ukraine," he shares.

A total of over 20 releases are planned with prominent representatives of the Ukrainian startup industry. At the end of the season, a large-scale $100M Pitch Day and matchmaking with VC investors, funds, and business angels are planned. The first releases are already available for watching.

The Odessa Journal

The Odessa Journal

more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...