Sundar Pichai announces first recipients of Google’s Ukraine Support Fund

Sundar Pichai, CEO of Google and Alphabet, announced the first 17 recipients of Google’s Ukraine Support Fund. Seventeen Ukrainian businesses will receive financial support and mentoring from Google for Startups, a program that helps early-stage startups by connecting them with the right people and practices.

In a tweet shared this morning, Sundar Pichai wrote: “While in Warsaw, Poland in March, I announced our Ukraine Support Fund to help Ukrainian entrepreneurs maintain and grow their businesses in a time of war.

“Today we're welcoming the 1st recipients who will receive financing + mentoring from Google for Startups,” he added.
In a blog post offering further details, Google said its $5 million fund will help allocate equity-free cash awards to Ukrainian startups all through 2022. The fund will assist Ukrainian entrepreneurs in maintaining and growing their businesses, strengthening their community and building a foundation for post-war economic recovery, Google said.

“Selected Ukraine-based startups will receive up to $100,000 in non-dilutive funding as well as ongoing Google mentorship, product support, and Cloud credits,” the tech giant said while announcing the first recipients of the fund.

Among the 17 startups selected, most are tech-centric and a few are AI-powered.