EBAN and IT Ukraine are joining forces to help advance the Ukrainian tech sector

EBAN, the European Business Angel Network, and the IT Ukraine Association are starting a collaboration focused on supporting the Ukrainian tech ecosystem throughBest Practice Sharing, Networking and Capacity Building Activities.

EBAN and IT Ukraine wish to cooperate closely in order to leverage angel investing, entrepreneurship, and innovation to help advance business development and rebuilding efforts in Ukraine after the end of the devastating war. 

“By signing this MoU, we are paving the way to the establishment of a robust working partnership with EBAN. We are looking forward to the development of a mutually beneficial collaboration and resource sharing that will contribute to the further advancements in the global and Ukrainian tech industry” – said Konstantin Vasyuk, Executive Director of IT Ukraine Association. 

“EBAN is proud to conclude this agreement with IT Ukraine, it will not only allow us to pursue our common goals in promoting and advancing the Ukrainian tech ecosystem, but also aid in recovery after the war”, said Jacopo Losso, EBAN Director. “We have always been committed to our cause and believe that entrepreneurship and angel investing can help rebuild the country, so we wish to work together to help each other mutually and strive for a common goal for the future of Ukraine and Europe in general” he added. 

IT Ukraine Association is the largest national association of IT companies, which represents the interests of more than 82000 IT professionals and over 120 companies. The Association’s mission is to provide favourable conditions for the sustainable development of information technology in the country through 4 main areas of its work: Government Relations, International Relations, Education and CSR, PR and Communications. Since the beginning of war, it contributes to the ongoing development of the industry and provides centralised support to the army and people.

EBAN is the pan-European representative for the early stage investor community gathering over 150 member organizations in more than 50 countries today. Established in 1999 by a group of pioneer angel networks in Europe with the collaboration of the European Commission and EURADA, EBAN represents a sector estimated to invest 11.4 billion Euros a year and playing a vital role in Europe’s future, notably in the funding of SMEs. EBAN fuels Europe’s growth through the creation of wealth and jobs.