More than half of start-ups continue their operations exclusively from Ukraine.

Despite the ongoing war, Ukrainian start-ups, in similar fashion to the country’s IT sector, have demonstrated resilience and entrepreneurs continue to operate their businesses and remain committed to their success even in these dire circumstances, reveals a TechUkraine survey. Some Ukrainian start-ups have relocated, but the vast majority have kept at least a part of their operations or team in Ukraine.

1. 95% of start-ups stated that they remain in Ukraine at least partially, while 55.7% continue their operations exclusively in Ukraine
2. The most popular foreign destinations include EU countries (38.6%) and the US (10%)
3. While 44% of start-ups have already relocated, 56% remain settled in their original location
4. Moreover, 78% of those start-ups that have not relocated are not considering it at present, while just 12% are considering it.
5. Another 10% have not decided yet if they want to relocate.