Ukraine-Luxembourg Business Club Supports Ukrainian Startups

On Thursday 9 June 2022, the Ukraine-Luxembourg Business Club (ULBC), in cooperation with its partners, raised over €18,000 at a fundraising event at the Schéiss Cultural Centre in Luxembourg-Belair.

  • The proceeds of this event will be channelled to the Ukrainian Venture Capital and Private Equity Association (UVCA), which in turn will provide aid for the Ukrainian startup community.
  • Evgenia Paliy, Head of ULBC, welcomed the participants, delegates and representatives of the Ukrainian business community. She emphasised the need for the Ukrainian startup community to continue their work, even under the current unfortunate circumstances, to retain talent and innovation in Ukraine.
  • Svitlana Mykhailovska, Deputy Director at the European Business Association (EBA) in Ukraine, highlighted the current business atmosphere in Ukraine and nothing that, while there is continued support from the European business communities, there are supply-chain limitations. She mentioned that only three out of thirteen ports in Ukraine are under Ukrainian authority, which heavily limits the flow of trade, especially grain exports. She expressed her hope for more support and cooperation in the coming days to help rebuild Ukraine once the war is over.

Thanks the board of ULBC Arnaud Lumet, Evgenia Paliy, Maria Dobrostamat for your incessant support.

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