Apply Now: Blue Innovation Challenge (Ukraine)

Grant Size $1000 to $10,000   ,   Closing Date

About

UNDP Ukraine is launching the Blue Innovation Challenge - an acceleration programme that welcomes entrepreneurs, innovators, and visionaries to join them in shaping Mykolaiv’s future.

The Blue Innovation Challenge is open to micro-, small- and medium-sized enterprises (MSMEs) with groundbreaking solutions that align with the principles of the Blue Economy. Whether it’s pioneering marine technologies, eco-friendly maritime services, or resource-efficient business models, your innovations have the power to propel Mykolaiv’s transformation into a central hub for the Blue Economy in the Black Sea region.

The acceleration programme will handpick a maximum of 10 MSMEs that demonstrate significant business potential for making the shift toward Mykolaiv’s development strategy. For this, UNDP Ukraine has teamed with BOOST — a regional acceleration programme for social impact innovators in Europe and Central Asia. Together they will provide impactful learning for the selected participants.

Funding Information
  • As part of the Blue Innovation Challenge, the MSMEs will receive financial awards of up to USD 10,000. 

  • Subject to the availability of funds, participants may also have the chance to pitch for additional financing after completing the programme. 

Eligibility

  • Type: MSMEs with a minimum of 1 year of business operations.

  • Location registration: Registered in Ukraine and with the intent to develop and/or deploy the innovation in Mykolaiv city territorial community.

  • Language: Ukrainian 

Post Date: May 02, 2024

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