Ukraine’s Startup and Innovation Fund to be launched this autumn - Groysman

Ukraine’s Startup and Innovation Fund to be launched this autumn - Groysman

Prime Minister Volodymyr Groysman has said that the Startup and Innovation Fund is expected to be launched this autumn.

"In fact, we are reaching the finale stage before the launch of the Startup and Innovation Fund. I believe we will manage to do this in autumn, we have already projected a real resource in the budget in the amount of UAH 400 million to support Ukrainian innovations and startups," Groysman said at the opening of the All-Ukrainian Innovation Festival, an Ukrinform correspondent reported.

According to Groysman, the fund will be headed by the finance minister.

The prime minister has also noted that it is extremely important to create all needed conditions so that innovations could be implemented into the real sector of the economy.


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