Ukraine is intensifying IT industry development.

A memorandum was signed by the Ministry of Digital Transformation and Techosystem – an association of technology companies in Ukraine. The association plans to strengthen the industry’s efforts and integrate leading Ukrainian product and service companies, investment offices, accelerators, and bridging organizations.

The memorandum’s purpose is the development of the startup ecosystem and innovative infrastructure, as well as Ukraine’s establishment as one of Europe’s digital leaders.

Among the joint projects between Techosystem and the Ministry of Digital Transformation is the presentation of Ukrainian startups at the SelectUSA Summit.

Another of the first of these projects will be the Ukrainian Tech Ecosystem Overview, the purpose of which is to collect current data on all stakeholders in the Ukrainian technology sector. A presentation on the Ukrainian startup ecosystem on the international stage is also planned.