Ukrainian startup secures EU grant for commercialization of innovative solar window blinds.

Ukrainian startup SolarGaps has won a EUR 1 million European Union grant in equity-free funding to help finance the commercialization of the company’s smart window blinds featuring solar panels. SolarGaps is the first Ukrainian startup to secure EU funding via the Horizon 2020 project. The company’s smart window blinds contain solar panels generating green energy from the window surface. The grant is good news for Ukrainian startups as they seek greater access to funding. Ukraine is one of the world’s most competitive IT outsourcing hubs. The country is currently also rapidly gaining a reputation as a dynamic startup environment, with financing one of the key issues facing entrepreneurs.

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