The Ukrainian Government started actively helping its IT industry.

The Ukrainian Startup Fund (USF), a state fund, was initiated by the cabinet of Ukraine’s Ministers. The fund’s mission is to promote the creation and development of technology startups in the early stages (pre-seed and seed) to increase their global competitiveness. The Minister of Finance of Ukraine, Serhiy Marchenko, has revealed information on the UFS financing in the 2022 state budget: the amount will be UAH 50 mln ($ 1.85 mln).