Ukrainian Startup Fund and business incubator Demium start cooperation
Pavlo Kartashov, Director of the Ukrainian Startup Fund, together with Demium Managing Director Andriy Zinchuk, signed a partnership memorandum.
“Grant programs provide an opportunity to receive funding. And what helps to get into the program itself? Usually it is high-quality education and skills. Incubators are one of those places that offer their startup students access to highly specialized and time-specific knowledge that is often impossible to get wherein Demium is one of the incubators that offers a true European approach to the development of startups. Their experience and opportunities are invaluable for us, so I sincerely rejoice at our unification for a common cause. Welcome to the team!“, – comments on the details of cooperation Pavlo Kartashov.
The essence of the partnership is that applications from startups that have passed the DEMIUM STARTUPS program go to the experts of the Fund with a special mark, which means that the teams have been trained in marketing, creating business models, working with clients and other skills necessary for the startup team.
Such cooperation encourages startups to learn, as it increases the chances of competing for state funding from the Ukrainian Startup Fund. First of all, this will be useful for young teams and inexperienced entrepreneurs who seek to acquire fundamental skills.
Additional:
The Ukrainian Startup Fund is a state fund, which was founded on the initiative of the Cabinet of Ministers of Ukraine. The mission of the fund is to promote the creation and development of technology startups at the early stages (pre-seed and seed), in order to increase their global competitiveness. The process of selecting startups for granting grants takes place on a competitive basis: companies are evaluated and selected by a board of independent investment experts.
Demium Startups operates as an international startup manufacturer. The company invests in entrepreneurial talent to build companies that will shape the future. At Demium, startups are built from scratch. This means that they work with aspiring entrepreneurs before they even form an idea, let alone implement it. From day one, the firm has helped those courageous individuals who are willing to invest in starting their own business, finding a co-founder, turning an idea into a proven business model and securing seed money. The company was founded in 2013 and is headquartered in Valencia, Spain.
Source: usf.com.ua
