In 2022, Ukrainian startups received $6 billion in revenue, - Google

In 2022, despite the war, Ukrainian startups received more than $6 billion in revenue — $542 million more than in 2021 — and since 2020, their value has tripled. Such data were made public by Google as part of the "Google Support Fund for Startups in Ukraine" program. Also, Google shared the results of the program for the year, he writes ain.ua.

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• Since March 2022, Google for Startups — a program that provides financial assistance and support from Google to Ukrainian startups to help support and develop companies — has funded three cohorts as part of the Google Support Fund for Startups in Ukraine in the amount of $5 million.
• Supported startups (58 in total) not only survive the war, but also achieve growth. Most of these companies have entered new countries and markets. In the last year, the recipients of the Ukraine Support Fund
• attracted $10,2 million,
• increased revenues by an average of 106%,
• employed more than 800 technical workers (of which 46% were women) and employed 216 people.
• At the same time, the general situation on the market remains quite unfavorable. More than 90% of Ukrainian startups say that they need financial support to continue their activities and expand.

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