Photo - Connect IT Tech startups with Ukrainian workforce
20433

Connect IT Tech startups with Ukrainian workforce

Ukraine, Kyiv city
Market: Internet and IT, Services
Stage of the project: Idea or something is already done

Date of last change: 07.07.2017
Min investment
$  10.000
0
Total required
$ 100.000
Rating
equalizer 140 из 1000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

Idea

We help foreign startups build operations in Ukraine. This allows our clients to cut their production costs, increase diversity and promote innovation.

Current Status

We have validated the idea in the market and are now working on building a portfolio to increase credibility of the brand and acquire more clients.

Market

1. Startups - looking for cost-effective ways to develop a product (mostly remote workers)
2. Companies which raised a fee rounds of investments, are showing growth, have more money and could be interested in setting up a branch.
3. Public companies with a shortage of talent.

Problem or Opportunity

We are helping foreign IT Tech Companies to lower their production costs by expanding their business operations here in Ukraine. It is known that Ukraine has a high volume of very qualified and professional developers who can contribute to the product development of foreign companies without sacrificing the quality and at the same time at a significantly lower price point. This would also promote diversity in company's culture and will eventually lead to more innovation.

Solution (product or service)

We take care of all activities that are involved in successfully establishing a fully functional company branch in Kiev or finding top talent remote workers.
This can dramatically decrease production costs for the majority of the Tech startups without sacrificing the quality.

Competitors

There are many examples of foreign startups that have successfully established their presence in Ukraine and benefitting from the local workforce market. To name a few: DataRobot, Attendify, Plarium, Grammarly, Playtech, Gameloft, Ubisoft and many more. At this time there is really no such company that offers comprehensive expansion services to foreign startups, majority of companies who built operations here did this through private channels. We are going to become the first full cycle business expansion service in Ukraine.

Advantages or differentiators

We are better than any recruitment agency, because we are not one. Our goal is to help foreign businesses succeed and help Ukraine turn into a new global innovation hub. We are providing a full cycle business expansion service.

Finance

Flat fee per provided employee and for administrative services, plus a contract based salary, equity to be discussed individually with each client.

Money will be spent on

Marketing needs, such as advertising and hiring sales people, salary for founders, office space rent, equipment, cover costs for branding the service and legal protection

Offer for investor

Equity
Comments:

You need to login

5,00
1
2
3
4
5
1 voice
arrow_back
EN
more_horiz
close
visibility219
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video