28.05.2021

For the first time, a Ukrainian Startup will participate in a region-wide pitching event during the 2021 SelectUSA Investment Summit.

On May 21, 2021, the Ukrainian Association of Fintech and Innovation Companies, and the U.S. Embassy in Kyiv held a virtual pitch competition for Ukrainian start-ups looking to participate in the 2021 SelectUSA Investment Summit.

Cardiomo, a med-tech solution to monitor heart health in real time, was selected as the winner of the virtual pitch competition. As a result, Cardiomo will attend the 2021 SelectUSA Investment Summit and compete against the winners of other in-market pitch competitions from markets across Europe.

"It is a great honor for the Ukrainian Association of Fintech and Innovation Companies to partner with the U.S. Embassy in Kyiv to host this in-market pitching event. We are delighted that for the first time in the Summit's history, a Ukrainian startup will compete with global players and receive feedback from leading American investors and entrepreneurs. This is an important step towards the growth of Ukrainian investments in the United States and a powerful impetus for the development of the startup ecosystem in Ukraine. This year, Ukraine will be represented by Cardiomo, a health tech project, a powerful and simple solution for monitoring heart health in real-time, especially in the post-COVID world. On behalf of the Association, we wish you success and conquest of not only the Ukrainian but also the American market", said Rostyslav Dyuk, Chairman of the Board of theUkrainian Association of FinTech and Innovation Companies.

Seven startups that met the selection criteria were approved to participate in the in-country pitch session. The panel of judges consisted of Rostyslav Dyuk, Chairman of the Management Board, Ukrainian Association of Fintech and Innovation Companies, Pavel Kartashov, CEO, Ukrainian Startup Fund, U.S. Department of Commerce, and U.S. Embassy Kyiv representatives.

About SelectUSA

The SelectUSA Investment Summit is the highest-profile event dedicated to promoting foreign direct investment in the United States. The Investment Summit plays an important role in attracting business investment and job creation, raising awareness of a wide range of investment opportunities, and providing the necessary linkages between investors and U.S. Economic Development Organizations (EDOs).

About UAFIC

The Ukrainian Association of Fintech and Innovation Companies is a non-profit organization that develops the Fintech ecosystem and raises the level of financial inclusion in Ukraine. The association brings together government agencies, classic businesses, startups, investors, and the community. The Association, with over 60 members, was started in June 2018.

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