UNIT.City & WNISEF have presented the First Large Guide on the Ukrainian IT Industry
The guide will help the government and business represent the country on the international arena, raise investment and find new partners
Kyiv, 29 January 2019
- UNIT.City and WNISEF have presented the first detailed overview of all basic elements of the Ukrainian tech ecosystem
- Information is focused on the key market numbers, the most important players and elements, and the country’s place on the global IT map
On 29 January, TECH ECOSYSTEM GUIDE TO UKRAINE 2019, the first comprehensive overview of the Ukrainian IT industry, was presented in UNIT.City innovation park.
The first pages present the basic indicators of the Ukrainian IT industry for 2017-2018. Thus, according to App Annie survey company, one in five global companies developing software for mobile platforms has its office in Ukraine. According to the survey by The State of European Tech 2018, there are almost 185 thousand software developers in Ukraine. And according to calculations of the authors made at AIN.UA, Ukrainian startups managed to raise more than $290 million of investment in 2018.
“Our purpose was to create the product that would be taken to international events by Ukrainians in order to represent the country and its latest achievements alongside with presentation of their own projects, since success of business also depends on the image of the country,” says Max Yakover, CEO and Managing Partner of UNIT.City. “For the last five years, the dynamics of development of the Ukrainian IT industry has been estimated in double figures. For instance, one in five companies from Fortune 500 list makes use of Ukrainian IT services. Therefore, the time has come to start or expand your innovation business here. This guide will help international partners make sure of it.”
In general, the guide consists of more than a hundred pages and eight large sections, including top companies (product and services ones), promising startups, the most active funds and the largest investment agreements, accelerators, R&D centres, city clusters and co-workings, educational programmes, government initiatives, communities and events. According to the organisers of the project, such overviews are developed by each large IT state or city. The best examples include the Netherlands, Israel, Barcelona, and Berlin.
Jaroslawa Johnson, President and CEO of the Western NIS Enterprise Fund, emphasises importance of such illustrative confirmation for Ukraine, “International partners should have as much information as possible and access to local break-through start-ups and entrepreneurs. Technological sector is of strategic significance for the Ukrainian economy and can change the way Ukraine is globally perceived in the digital transformation era.”
The guide has been initiated by UNIT.City innovation park and WNISEF. The project has been supported by such famous companies as Depositphotos, Sigma Software, SoftServe and O2ІТ.
You can read and download the guide here.
UNIT.City is Ukraine’s first innovation park. It is the location where matchless infrastructure and all-inclusive ecosystem enable high technology, innovative and creative businesses to happen and flourish. The goal is to become the center of innovations and a one-point entry into Ukraine for investors, partners and new technology from all over the world. The mission of UNIT.City is to create a unique innovation platform where advanced companies, start-ups and mavens get an opportunity to cross paths and work together ramping up their growth and honing quality.
Park offers its residents a package of additional services for business development: meetings with investors, counseling, mentoring and accelerating programs, prototyping laboratories, great infrastructure for work and leisure.
The investor is Vasyl Khmelnytsky, Founder of UFuture Investment Group.
Contacts for media:
Denys Smyrnov, Communications manager at UNIT.City
Tel.: +38093 14 25 299
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Western NIS Enterprise Fund (WNISEF) is a $150 million regional fund, a pioneer in Ukraine and Moldova with more than two decades of successful experience in investing in small and medium-sized companies. WNISEF was funded by the U.S. government via the U.S. Agency for International Development (USAID). Since its inception, WNISEF’s cumulative investments total over $185 million to 129 companies employing around 27,000 people and made it possible to unlock $1.8 billion for companies in Ukraine and Moldova. In 2015 WNISEF has launched a $35 million legacy program focused on export promotion, local economic development, impact investing and economic leadership.