...

Ukrainian Startups Can Secure a Million Hryvnia Grant Through the PERSH1 Incubation Program

by Roman Cheplyk
Thursday, April 3, 2025
3 MIN
Ukrainian Startups Can Secure a Million Hryvnia Grant Through the PERSH1 Incubation Program

The Ministry of Digital Transformation has announced an exciting opportunity for Ukrainian innovators: the PERSH1 incubation program

Designed to nurture promising startup ideas, the program offers participants intensive training, mentorship, and the chance to win a grant of one million hryvnias to kick-start their investment business.


Program Highlights

Comprehensive Training and Mentorship
Over a two-month period, startups will engage in an extensive online training program. Participants will:

  • Attend lectures delivered by leading Ukrainian and international entrepreneurs.

  • Receive individual consultations and guidance from experienced mentors.

  • Collaborate and intern with established startup teams, gaining hands-on experience.

Demo Day and the Million Hryvnia Grant
The final phase of the program is Demo Day, where teams present their progress and ideas. The strongest team will be awarded a grant of one million hryvnias. This significant funding boost is aimed at launching a high-powered startup, with a particular focus on innovative ventures in the pharmaceutical business.

Free Participation
The PERSH1 program is completely free, allowing startups to participate without any financial burden. Registration is available by appointment, ensuring that interested teams have an accessible pathway to enter the program.


Strategic Support and Implementation

The PERSH1 project is implemented by the YEP Accelerator, with strong support from the Ukraine-Moldova American Enterprise Fund. This collaboration underscores the program’s commitment to driving innovation in Ukraine and strengthening the local startup ecosystem.


Why PERSH1 Is a Game-Changer

Boosting Innovation and Growth
By bringing together talented innovators and providing them with robust support, the PERSH1 program helps Ukrainian startups take their first critical steps toward building successful businesses. The program’s structured approach not only accelerates the learning curve but also fosters an environment where creative ideas can flourish.

Expanding Investment Opportunities
The one-million-hryvnia grant offers a substantial financial foundation, encouraging startups to develop cutting-edge solutions and scale their operations. With this support, innovators can focus on creating value and transforming their ideas into tangible business successes.

Driving Economic Development
Investing in startup growth is a key driver of economic progress. As these ventures mature, they contribute to job creation, technological advancement, and a more vibrant entrepreneurial landscape in Ukraine.


Conclusion

The PERSH1 incubation program represents a pivotal opportunity for Ukrainian startups to secure essential funding and expert guidance. By participating in this initiative, entrepreneurs can unlock their potential, develop innovative solutions, and contribute to the country's economic and technological advancement.

For more details and to register for the program, interested teams are encouraged to visit the official registration page and schedule an appointment. Stay tuned for further updates on this groundbreaking initiative that is set to propel Ukraine’s startup ecosystem to new heights.

You will be interested