Business Ukraine

Innovative Kyiv acceleration hub seeks to bring Ukrainian startups aAs Ukraine’s booming IT industry garners increasing international attention, there is also growing interest in the country’s vibrant startup scene. Ukraine has already produced a number of high-profile tech sector success stories such as Grammarly and GitLab. However, the vast majority of promising Ukrainian startups currently tend to relocate at the earliest opportunity as they go in search of more appealing business climates in the US or nearby EU countries. The big challenge now is to harness the country’s considerable untapped innovation economy and persuade Ukrainian startups that they can realize their potential without leaving.
Sector X is a Kyiv-based acceleration hub that seeks to improve the Ukrainian tech ecosystem by bringing startups and potential corporate partners together for mutually beneficial cooperation. Located at Ukraine’s flagship UNIT.City innovation park, the hub launched the largest platform in the region in 2018 and unveiled its newcorporate partnership initiative in February 2020. Initial corporate partners include L’Oreal Group, Foxtrot, Farmak, British American Tobacco, Ukrtelecom.

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