Everything you need to know about the startup scene in Kyiv

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Kyiv startup ecosystem

Kyiv's startup ecosystem is an intriguing blend of time-honored traditions and avant-garde innovation, reshaping the identity of this historic city. Quickly emerging as a beacon for ingenious startups and discerning investors, Kyiv has evolved into a vibrant center of technological excellence. As the city continues to grow, its innovative spirit extends throughout its multifaceted districts, sparking an expansive wave of progress and invention.

Mentors in Kyiv

I am a Growth Marketing Manager with over 7 years of experience. T-shaped marketer with a focus on growth. It is a great feeling when the business is growing fast with the help of marketing. That is the reason why I am into it.

Alex Barbarsky
Growth Marketing Manager: SaaS & Ecommerce

Data-driven Product Leader with 10+ years of IT experience. Mental Health Enthusiast. Startup lover. Highly experienced with Marketplaces, Platforms, SAAS, B2C, B2B2C. I believe in the “give first” approach, that’s why I am here ready to share the lessons I gained.

Nataly Onkina
Product Management from 0 to 1 | Health-Tech, Edu-Tech | SAAS, Marketplace, Platform | B2C, B2B

Hi there, my name is Alexander Furtak, I am from Ukraine, Kyiv. I am the CEO of Mighty Digital, a growth engineering consultancy. Specialize in market-fit, retention, and activation puzzles and leveraging data to solve them.

Alexander Furtak
Co-founder and CEO of Mighty Digital

Ph.D., creative, entrepreneurial and customer-centric product marketing professional with 12 years experience in managing products that improve customer experience and grow the commercial success. Globals speaker on growth and product marketing strategies.

Yaroslav Stepanenko
Growth PM

Currently, I do PPC at PandaDoc – one of the leading e-signature/document workflow platforms. For the past 7 years, I’ve managed more than $5M in ad spend for a variety of ad channels and gained a significant ROI for the companies I’ve worked at. Feel free to reach out, I’d be happy to talk!

Alex Panchuk
PPC Manager

GrowthMentor events in Kyiv

Frequently asked questions

What industries or sectors are dominant in Kyiv's startup ecosystem?

Kyiv’s startup ecosystem is dominated by tech startups, particularly in the areas of software development, FinTech, HealthTech, EdTech, and AgriTech. The city is also emerging as a hub for cybersecurity startups.

What are the key accelerators available for startups in Kyiv?

Key accelerators in Kyiv include GrowthUP, Sector X, and Eastlabs. These offer startups mentorship, funding, and networking opportunities.

What local funding opportunities are available for startups in Kyiv?

Local funding opportunities in Kyiv come from venture capital firms like AVentures Capital, Chernovetskyi Investment Group (CIG), and Ta Ventures, along with several angel investor groups.

Are there any tax incentives designed to support startups in Kyiv?

Ukraine provides certain tax incentives for small businesses and IT companies, including simplified tax regimes and reduced social security contributions.

What is the cost of living and operating a business in Kyiv?

The cost of living and operating a business in Kyiv is relatively low compared to most European capitals. This includes lower costs for office space, salaries, and utilities.

What is the talent pool like in Kyiv?

Kyiv’s talent pool is strong in tech and software development, backed by a robust educational system that produces a significant number of STEM graduates annually.

How is Kyiv's infrastructure conducive to startup growth?

Kyiv provides a solid infrastructure with a rapidly improving digital infrastructure, affordable coworking spaces, and easy access to the rest of Europe and Asia.

Are there any major networking events focused on startups in Kyiv?

Kyiv hosts several startup events like IT Arena, iForum, and Seedstars Kyiv, offering valuable networking and learning opportunities.

What is the regulatory environment like for startups in Kyiv?

Ukraine has made efforts to improve the business climate by simplifying regulations and implementing digitalization initiatives. However, businesses should still ensure they remain well-informed about regulatory requirements and potential changes.