Ukrainian startups are going to a conference in Silicon valley: how to join

Украинские стартапы едут на конференцию в Кремниевую долину: как присоединиться

The Ministry of digital transformation, announced the start-up competition, which in 2020 will represent Ukraine at the 10th global conference of entrepreneurs and investors “Startup Grind Global 2020” in Silicon valley.

About this possibility for startups announced the press service of Minsitry. Such a big delegation from Ukraine at the conference will go for the first time.

The announcement said that the candidates, namely, 15 startups will receive a “ticket to participate in the conference, exhibition booth, participation in promotional conferences and pr-support of the organizers cover the financial costs of logistics”.

In the ad of the Agency detailed how to get to the startup competition, and to represent the country at prestigious conferences.

First, you need to agree to participate by completing the online questionnaire at 12:00 on 16 December 2019. Next, 10-16 December 2019 will be collecting questionnaires. Then in the period 16-19 December 2019, the jury will consider the online form and choose the top 25 from all over Ukraine. The pitching session will take place on 19 December 2019, which will take a final decision on the winners.

Mentira notes that this is a good opportunity for Ukrainian startups, because the delegation will have access to the powerful business community and venture investors, governments and businesses.

It should be noted that participation in the conference Startup Grind Global 2020 will take 300 startups from 57 countries and 33 sectors. The event will be visited by at least 10,000 people. For Ukrainian startups is the opportunity to meet with editors and founders of the world’s leading technology media, forming a network of mentors, find partners and employees.

We will remind, last week deputies in the Verkhovna Rada adopted in the second reading of historical law. It refers to the implementation of FATF standards on combating money laundering and financing of terrorism. It should be noted that this is the first bill which has a provision of virtual assets. In this bill digital assets are considered as property and can be used for payment and investment purposes.

The bill first introduces into Ukrainian law terminology of the cryptocurrency market. In addition, due to the concept of service provider in the field of translation, exchange and storage of virtual assets.

According to the text of the project that was developed jointly by the parliamentary community Blockchain4Ukraine, Minifra, BRDO and other market participants, all transactions with virtual assets will pass to financial monitoring. Regulation of the turnover of virtual assets in Ukraine and supervision in accordance with the AML legislation to implement Minsitry.