Glovo Ukraine Startup Lab competition announced

Glovo, together with the Ukrainian Startup Fund (USF), is opening the second set of teams to participate in the annual Glovo Ukraine Startup Lab competition with cash rewards for the winners!

Based on the selection results, the 10 best technology startups will present their project to potential investors and key industry players on June 18 in Kyiv as part of the PowerUp conference organized by Glovo. The conference is dedicated to the economic recovery of Ukraine and is aimed at attracting foreign investment in Ukrainian technology companies and startups.

Three winners, selected by the jury, will receive a cash reward of up to 20 thousand euros and an internship at Glovo head office in Barcelona (flight and accommodation costs covered) or online mentoring.

Ukraine has a unique combination of talent and startup culture, and Ukrainian entrepreneurs remain a reliable bet for investment, demonstrating resilience and strength in times of war. At Glovo, we are committed to empowering local technology ecosystems. Last year, we launched the annual startup competition Glovo Ukraine Startup Lab to help Ukrainian startups attract funding and reach the international level,” comments Marina Pavlyuk, CEO of Glovo in Ukraine.

Which teams can take part?

This year the requirements for teams have increased. Glovo and USF are looking for Ukrainian technology startups that:

  • are at the Seed or Series A stages;
  • have a technology readiness level (TRL) of 5 or higher;
  • have traction, a client base and attracted investments;
  • have a developed working prototype (for hardware startups);
  • registered and operating in Ukraine.

What awaits the winners based on the results of the final pitching:

  • The first place will receive 20,000 euros and an offline internship in Barcelona.
  • Second place will receive 10,000 euros and an offline internship in Barcelona.
  • Third place will receive 5,000 euros and online mentoring from the Glovo team.

Application period: April 16 – May 15, 2024

Compliance and selection of finalists: May 15 – 31, 2024

Final pitching in Kyiv: June 18, 2024

Apply via the link: https://docs.google.com/forms/d/e/1FAIpQLSeRpxeipL9aeUXWurRjTjooCboRqLnhFZzyzfCqeA5PnjnOnA/viewform

More information about the PowerUp conference: https://www.powerupukraine.com.ua/

usf.com.ua