Google, with the support of the Ministry of Digital Transformation, is opening an additional Google for Startups Ukraine Support Fund in the amount of $10 million. The company’s press service reports this.
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Today, Ukrainian startups can apply to receive up to $100,000 in equity-free funding, as well as Google mentoring and product support.
In addition, startups can receive an additional $350,000 in Google credits Cloud.
“To date, the initiative has provided 58 startups with a total of $5 million in free grants and hands-on technical support to grow their businesses,” the message says.
Who can Apply
To apply, startups must have at least one legal entity registered in Ukraine, as well as a minimum viable product (MVP) with demonstrated business effectiveness.
It is noted that companies using artificial intelligence to solve social problems will have priority.
Founders will be able to use equity-free cash rewards to continue growth and restore those affected because of the war, business operations or create a core product to solve new problems.
Accepting applications continues until June 5, 2024 via this link.
Announcement of winners
The winners of the new Google for Startups Ukraine Startup Support Fund will be announced in stages: in June and September 2024, as well as throughout 2025.