Analytics

How Tech Companies Support Ukrainian Economy during the War

For more than 2 months since the start of the Russian aggression, the tech business doesn’t stop but helps Ukraine. What is the support? Check several fresh cases right now!

From the very first day of the full-scale Russian invasion, Ukrainians engaged in tech have demonstrated unity and courage. They are not only directly battling for independence and values but also supporting financially, i.e. raising funds for volunteer initiatives as well as delivering services for other businesses.

Consequently, the Return Alive Foundation that purchases and transfers must-have things to the Ukrainian soldiers raised nearly 3 billion UAH in the first 3 weeks of the war. Funds are also raised via the “Diia” app: Ukrainians have already transferred over 260 million UAH to the Ukrainian Army.

Ukrainian tech companies have been collaborating with charitable organizations for a long time, and in two months hundreds of millions of UAH have already been transferred to the Return Alive Foundation. Additionally, they are launching their own volunteer fundraising initiatives for the Ukrainian Army.

This time, let’s look at a couple of the latest successful cases from reputable tech businesses that do their best to save Ukraine and its economy.

“Donating Skills” with Ukraine Tech Collective

 

 

Being a non-profit organization, Ukraine Tech Collective has implemented the mission to unite IT specialists from around the globe with Ukrainian engineers that are unable to do their job due to Russia's war against Ukraine. Ukraine Tech collective is ready to offer any support to such people including relocation, paid leave, reduced norms for the number of responsibilities conducted, and so on. However, the key component of the mission is to donate skills.

What does it mean to “donate skills”?

According to the founder of Ukraine Tech Collective, Emma Heap, not only the technical component is essential to her business but she also desires to support the teams from Ukraine. If the organization could find professionals (in Ukraine and abroad) to perform jobs temporarily (”donate skills”) instead of Ukrainian specialists who joined the army, it would be able to go on paying them, and they, in turn, would be able to help their families without risking the business’s existence as an employer.

Currently, the organization possesses up to 15 Ukrainian specialists that have joined the ranks of the Ukrainian Army or faced novel challenges connected with reformatting their lives. Want to donate your skills to someone from this team? Check how to do that here.

Ukraine Tech Collective will deliver any kind of legal support to both parties to guarantee that all the primary conditions will be upheld.

Using the Ukraine Tech Collective app:

·   Employers from Ukraine and other countries that traditionally hire Ukrainian engineers figure out the expertise type they are searching for;

·   Tech specialists that want to donate their skills point out their qualifications and the period they can devote to “replacing” a Ukrainian engineer;

·   Ukraine Tech Collective staff verifies the profiles of both parties to represent them to each other;

·   The parties negotiate the terms/conditions of a temporary partnership with each other, where open communication is the essential factor.

How the Kharkiv IT Cluster Helps its Home Region

The first day of the war initiated by Russia against Ukraine was a time of new challenges and humanitarian projects for the Kharkiv IT Cluster team. The organization's personnel is working non-stop to provide its home region with help as Kharkiv has suffered the most terrible human losses and destruction caused by Putin's army.

The team of the Kharkiv IT Cluster united more than 2 thousand volunteers within the IT4Life project. This is how one of the biggest humanitarian networks in the region was generated: dozens of coordinators, cafes, drivers, packers, chefs, and warehouse workers continue caring for people in need. They help not only civilians but also police, medics, utilities, and defenders. Volunteers deliver medicine, organize free food, and cover other humanitarian needs.

Coordination work results of the Kharkiv IT Cluster for mid-May are as follows:

·   Over 130 thousand people have been fed;

·   More than 110 thousand newborn/baby food items and diapers were delivered;

·   Daily, 7 thousand volunteers transfer targeted medicine/food;

·   Cafes implement 4 thousand food servings daily;

·   The IT4Life Foundation created by the Kharkiv IT Cluster purchased humanitarian aid transport for defenders;

·   A couple of large humanitarian aid warehouses were organized in cooperation with Kharkiv IT Cluster partners.

The IT4Life Charitable Foundation performed humanitarian aid activities with the help of donations from IT companies that contributed over 22 million UAH. Totally, since February 24, Kharkiv IT Cluster partners sent over 120 (!) million UAH for humanitarian aid.

Additionally, from the first days of the full-scale war, the Kharkiv IT Cluster actively collaborated with the global media, reflecting the war situation in its home region.

Nowadays, Kharkiv IT Cluster thinks about the strategy to rebuild Kharkiv in terms of cooperation with international partners.

Free Accountant Support for Individual Entrepreneurs from Smart Solutions

Since the beginning of the war, Smart Solutions, a leading outsourcing services provider, doesn’t stand aside. They make effort to support both the Ukrainian Army and businesses demonstrating maximum loyalty. The company has launched a great offer for the Ukrainian business, i.e. a free-of-charge month of accountant support for individual entrepreneurs.

Trying to generate comfortable conditions for secure and effective business in Ukraine, Smart Solutions’s team is ready to take on all the worries about your individual entrepreneurship. Payless IT services are as follows:

·   Calculation of net income of individual entrepreneurs and transfer to their accounts;

·   Calculation and payment of business taxes;

·   Submission of reports to public authorities;

·   Quarterly reconciliation of calculations with the budget;

·   Consultations regarding the entrepreneurial activity;

·   Registration of individual entrepreneurship.

Being active despite the war, Smart Solutions decided to develop a free program for individual entrepreneurs because they suffer the most during the war. The company’s team believes that as far as the revitalization of Ukraine's economic stability depends on business productivity, free outsourcing is its company’s contribution to stabilizing the economy.