RestartUA is an ideation program for displaced people from Ukraine to build a business

Explore the full episode here

Transcript:

(AI Generated)

Restart UA stands for Restart Ukraine. Basically it's going back to the time when I met these people first and they asked me about entrepreneurship and I said like, okay.

If there's no classical incubator that is interesting for you let's start a program for you. So what we offer is a 12 week pre ideation program for displaced people from Ukraine, to give them the basic knowledge about entrepreneurship and then also sustainability impact public value, so they can create the business model that solves one challenge for society. And the thing is that we address everybody who's not yet capable of going into a traditional incubator where you have to bring your business model and at least know the basics.

And the goal is that they built this business in Germany and then go back to the Ukraine and help the buildup after the war, or?

That would be the long term goal. To create impact ourselves by doing this. So in the short term or for the duration of the program first of all we wanna provide them and a possibility to find a purpose, that's bigger than what they're doing now.

Yeah.

And that's also the feedback that we got from the participants that it's great that there's like a place or program where they can contribute something and also learn at the same time. So that's the one thing, having a purpose, having something to do with yourselves. And the second is get the basic knowledge and also some guidance. How to develop a business model to a state where we say you're actually ready to pitch it for the first time. So the outcome or the output should be. A pitch deck, a business model, a basic website and a tailor made roadmap. Nobody will have founded at that moment, but they will have an idea.

Do you wanna do it in the next three months or six months and do I bootstrap, or do I need a VC already or a business angel, based on what they are doing.