Google for Startups, a fund run by tech giant Google, announced on Sunday, December 1, the latest group of 25 startups that will receive grants from the Google for Startups Ukraine Support Fund. The Fund was launched in March 2022 and accepted applications until September 20, 2022.
The Google for Startups Ukraine Support Fund offers cash prizes without asking for equity in return – and provides hands-on assistance to Ukrainian founders as they establish and expand their businesses. This means Google will help the startups expand but won’t be a formal partner or receive any compensation for its investment.
Even though this is the last group of companies to receive non-dilutive funding from the Ukraine Support Fund, Google for Startups says it will continue to offer all 58 startups product support, mentoring sessions, and a gathering in the spring where they can showcase their accomplishments in front of investors, partners, and the local startup scene.
Additionally, candidates from Ukraine will also get access to courses like Growth Academy: Cybersecurity and Founders Academy to support them in overcoming obstacles and expanding their companies.