Defense Tech Development Grant from the Brave1 cluster

Grant programs from various state and international organizations have always been popular for citizens who are just planning to create their own enterprise, because usually for the implementation of business ideas you need to have significant financial savings.

During the period of martial law in Ukraine, grant programs became even more relevant today.

And therefore, in this informative article, we will talk about the specifics of receiving a Defense Tech development grant from the Brave 1 cluster.

What is the main purpose of the grant?

Cluster command professionally provides various startups and developers in the field of new defense technologies with comprehensive financial, organizational and informational assistance to achieve tactical superiority over the aggressor represented by the Russian Federation.

For whom was this grant program developed?

• For citizens of Ukraine, whose activities can be directed to the development of new technologies in the field of the country's defense capabilities;
• For legal entities that were registered in Ukraine and whose final beneficiary is a citizen of Ukraine.

How much funding can be received under the grant program?

Ukrainian manufacturers and technology developers who have passed a defense examination and received an appropriate overall assessment can receive the following monetary financing, namely:

• UAH 500,000 - Ukrainian manufacturers and developers of technologies in which the overall and current assessment of the development is at least 4 points can apply.
• 1 million hryvnias - Ukrainian manufacturers and developers of technologies in which the overall evaluation of the development is at least 4 points, and the current evaluation of the development - at least 5 points, can apply;
• 2 million UAH - Ukrainian manufacturers and developers of technologies in which the overall and current assessment of development is at least 5 points can apply.

It is worth noting that a potential applicant for the grant program is entitled to submit only one application for his own development.

In addition, the terms of the grant provide that any applicant has the right to receive funding under the program in an amount not exceeding UAH 30 million for one year.

What can I spend the received funding under the grant program on?

• For the wages of citizens, taking into account all necessary taxes, payments and fees (however, this list of expenses cannot exceed 50% of the total budget for the grant program);
• To pay for services from financial institutions (banks) that are directly related to the maintenance of the grant account;
• For the purchase of goods and any materials that are necessary for the creation of development or new technologies;
• For the purchase of any equipment and conducting research and development tests or new technologies;
• For payment of customs payments and fees, transport or logistics services (however, this list of expenses cannot exceed 20% of the total budget for the grant program).

If you are interested in any other specifics of receiving a development grant Defense Tech from the Brave 1 cluster, then you should contact proven specialists from the Prikhodko and Partners law firm.

We will additionally explain all the problematic aspects of receiving any grant aid both from international organizations and the state as a whole, because we understand this topic very well, as we have many years of experience in it.

Therefore, do not delay and fill out the application form below and our specialist will contact you soon!