Our continued support for startups in Ukraine

Google has committed over $45 million in cash and $7 million in kind to support humanitarian relief efforts for people in Ukraine and those fleeing the war. They have also used their products to help people affected by the war, including protecting against cyber attacks and fighting misinformation. In addition, Google has launched the Google for Startups Ukraine Support Fund, which has provided $5 million in equity-free cash awards to 58 recipients, with the goal of supporting the Ukrainian startup ecosystem. Startups supported by the fund have received $15.8 million in follow-on funding, created 100% revenue growth, and significantly increased their employment despite the war and hardships they have faced. Google has announced a second Google for Startups Ukraine Support Fund, worth $10 million, to allocate equity-free cash awards throughout 2024 and 2025, with the goal of helping Ukrainian entrepreneurs maintain and grow their businesses, strengthen their community, and build a foundation for post-war economic recovery. Applications for the fund will open later this year. Google was honored to receive the first-ever “Peace Prize” award introduced by President Zelenskyy for their work to support the people of Ukraine, and they remain steadfast in their commitment to being worthy of that award.

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