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UK launches new tech programme in partnership with Ukraine

New programme launched to boost trade and innovation between UK and Ukraine.

January 15, 2024

  •  UK and Ukraine launch new tech initiative to further support Ukraine’s recoveryfollowing Putin’s illegal invasion
  • The UK-Ukraine TechBridge encourages collaboration between UK andUkrainian tech sectors to boost investment and trade, innovation and skills, tothe benefit of both countries
  • Minister for Industry and Economic Security Nusrat Ghani delivers speechin London to companies and investors as part of the official launch, along withUkrainian Deputy Minister of Digital Transformation and private sectorpartners.

The UK and Ukraine have today launched a newinitiative to facilitate commercially-driven partnerships and growth in bothtech sectors and further support Ukraine’s recovery.

The UK-Ukraine TechBridge aims to support economicresilience for Ukraine while bringing benefits to the tech sectors in both countries.

The initiative will seek to facilitate digitaltrade and investment by supporting relationships between high potentialUkrainian businesses and UK tech firms and investors, and through a series ofvirtual “missions” in priority sectors such as healthtech, agritech andfintech.

A number of UK-based tech companies have workedtogether to present a set of free online training opportunities alongsidein-person and online expert discussions for Ukrainian businesses looking todevelop their skills.

Following an agreement signed last year, Ministerfor Industry and Economic Security Nusrat Ghani will officially launch theUK-Ukraine TechBridge with Ukrainian Deputy Minister of Digital TransformationOleksandr Bornyakov, in London today.

Minister for Industry and Economic Security NusratGhani said:   

As Minister for UkraineReconstruction, I am delighted to be launching this fantastic programme,building connections between the UK and Ukraine tech companies.

Ukraine’s tech sector has provided crucial supportthroughout the war and is key to the country’s resilience and future recovery.

By building partnerships between British andUkrainian businesses and promoting innovation, we are demonstrating the powerof trade, and are helping lay the foundations for Ukraine’s long-term recoveryopening up future opportunities for businesses on both sides.

The programme will ensure that both British andUkrainian tech businesses sectors have access to each other’s markets forcommercial opportunities, making the most of the UK-Ukraine Digital TradeAgreement. 

The TechBridge website is accessible as of today,and in-person missions for Ukrainian companies will start as early as March.Organisations or individuals are invited to sign up to receive more informationas we continue to build the offer and set up specific events.

Ukraine Deputy Minister of Digital TransformationOleksandr Bornyakov said:

The UK-Ukraine TechBridge is aplatform that brings together the potential and the expertise of both Ukrainianand UK’s tech sectors.

Its launch provides crucial support for Ukraine’sIT industry.

I am confident that, through the UK-UkraineTechBridge, numerous large-scale joint projects will be implemented, setting anexample of successful, mutually beneficial international partnership for othercountries.

The UK remains a key partner for Ukraine’sreconstruction efforts and this programme adds to the UK’s commitment to ensureUK companies are well-placed to maximise their contribution to one of thelargest infrastructure programmes globally.

Background

  • More information about the TechBridge can be found on the dedicatedwebsite: ukukrainetechbridge.org.
  • The intention to establish TechBridge was announced by the UK PrimeMinister at the Ukraine Recovery Conference in London in June 2023. Wehave developed strong relationships with Ukrainian officials and ministers toidentify immediate needs and provide the expertise of UK businesses, asprioritised by the Government of Ukraine.
  • The UK is supporting private sector engagement with Ukraine throughseveral initiatives including on war insurance, and a CityUK-Ukraine Hub forsharing expertise in financial and professional services. The UK signed theUK-Ukraine Digital Trade Agreement in November 2023, read more on gov.uk

Source: https://www.gov.uk/government/news/uk-launches-new-tech-programme-in-partnership-with-ukraine

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