{"id":15532,"date":"2025-05-26T16:45:20","date_gmt":"2025-05-26T13:45:20","guid":{"rendered":"https:\/\/scroll.media\/2025\/05\/26\/czech-republic-launches-e12m-fund-of-funds-to-back-ukrainian-startups\/"},"modified":"2025-05-26T23:37:27","modified_gmt":"2025-05-26T20:37:27","slug":"czech-republic-launches-e12m-fund-of-funds-to-back-ukrainian-startups","status":"publish","type":"post","link":"https:\/\/scroll.media\/en\/2025\/05\/26\/czech-republic-launches-e12m-fund-of-funds-to-back-ukrainian-startups\/","title":{"rendered":"Czech Republic Launches \u20ac12M \u2018Fund of Funds\u2019 to Back Ukrainian Startups"},"content":{"rendered":"\n<p>In a strategic move to support Ukraine\u2019s innovation ecosystem amid the ongoing Russian invasion, the Czech Ministry of Industry and Trade has unveiled a \u20ac12 million \u00abfund of funds\u00bb dedicated to Ukrainian startups. The announcement was made by Deputy Minister Jan Kaval\u00edrek at the Invest in Bravery conference in Kyiv, as <a href=\"https:\/\/therecursive.com\/czech-fund-ukrainian-startups\/\">reported<\/a> by <em>The Recursive<\/em>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The initiative will see the Czech government acting as a limited partner by investing in selected venture capital firms alongside private investors. With a total budget of \u20ac12 million (CZK 300 million) allocated over the next five years, the fund is designed to boost entrepreneurial resilience and foster cross-border collaboration.<\/li>\n\n\n\n<li>To qualify for investment, startups must establish a legal presence in the Czech Republic and generate measurable economic value for the country. Additionally, at least 20% of the capital invested must be spent within Czech borders, <a href=\"https:\/\/therecursive.com\/czech-fund-ukrainian-startups\/\">according<\/a> to <em>Vector<\/em>.<\/li>\n\n\n\n<li>This fund is part of the Czech government\u2019s broader Ukraine Program, aimed at driving post-war recovery through innovation and economic revitalization. The program is managed by the National Development Investment (NDI) agency, a state entity responsible for administering public investment projects.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In a strategic move to support Ukraine\u2019s innovation ecosystem amid the ongoing Russian invasion, the Czech Ministry of Industry and Trade has unveiled a \u20ac12 million \u00abfund of funds\u00bb dedicated to Ukrainian startups. The announcement was made by Deputy Minister Jan Kaval\u00edrek at the Invest in Bravery conference in Kyiv, as reported by The Recursive.<\/p>\n","protected":false},"author":6,"featured_media":15500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[112],"tags":[481],"class_list":["post-15532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups-en","tag-vcs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Czech Republic Launches \u20ac12M \u2018Fund of Funds\u2019 to Back Ukrainian Startups | Scroll.media<\/title>\n<meta name=\"description\" content=\"Czech Republic has unveiled a \u20ac12 million \u201cfund of funds\u201d dedicated to Ukrainian startups.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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