“Farmak” again supports startups in cooperation with Sector X

Pharmaceutical giant Farmak has extended its work with Sector X Acceleration Hub for 2021. This means that the MedTech startups participating in the hub will be able to apply for funding from the corporation: last year Farmak made investments within the framework of the joint program for $500 000.

In addition to Farmak, Sector X continues cooperation with Ukrtelecom in the sphere of SaaS-Tech and with BAT within the framework of MarTech projects development. Building interaction between startups and corporations is one of the main activities of Sector X Acceleration Hub. This allows large companies to find non-standard and innovative solutions for their tasks and needs, and for startups to receive investments, launch pilots on a strong base and find large clients.

Sector X is an acceleration hub in Ukraine, part of the UNIT.City Innovation Park. It offers various corporate programs for businesses and acceleration programs for startups. You can learn more about its work from our interview with Sector X CEO Andrei Komarovsky.