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Writer's pictureMark S

Bank of Memories receive €10,000 in Seeds of Bravery grants


May 29, 2024


Seeds of Bravery, a Ukrainian initiative supporting startups, has announced the first 14 grant recipients under the Innovative Services Support Program. These recipients will each receive grants of up to €10,000 to enhance their business plans and strategies.


Project

Latest Raise

Latest Raise Date

Stage

Total Raise

Lead Investor

Category

Bank of Memories

€10,000

May 29, 2024

Grant

€10,000

European Innovation Council

Web3

Notably, one of the recipients is Bank of Memories, a Saas platform that leverages blockchain technology for managing important memories and documents.


The program aims to assist innovative tech SMEs, startups, and scale-ups by covering the costs associated with:

1.      Developing a comprehensive business model.

2.      Creating a dynamic business plan.

3.      Designing a growth strategy with clear goals and milestones.


About Bank of Memories

Bank of Memories is a remarkable initiative that aims to help people preserve their memories and life experiences for decades to come. Founded by Iryna and Andrew, Bank of Memories centers around the idea that every person accumulates valuable information throughout their life—emotional, financial, medical, and scientific.


Their mission is to facilitate the permanent storage of this crucial data using cutting-edge technologies like blockchain and decentralization. Bank of Memories started as a small pre-seed startup on InnMind. Thanks to their participation in a VC Pitching Session, they won a full scholarship to Draper University’s Hero Training program in Silicon Valley.

Today, Bank of Memories is a successful and growing business with its core team relocating to the US

X Followers today: 5,455


About Investor

Investor: European Innovation Council

Description: The European Innovation Council aims to support top-class innovators, entrepreneurs, small companies, and researchers with bright ideas. The EIC’s mission is to identify, develop, and scale-up breakthrough technologies and disruptive innovations.

It represents the most ambitious innovation initiative in Europe, with a substantial budget of €10 billion allocated for the period 2021-2027. The European Innovation Council plays a pivotal role in advancing groundbreaking technologies and fostering a vibrant innovation ecosystem across the EU

Location: Belgium

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