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Effective financing of science and startups will allow for a technological breakthrough in Ukraine, assures the Prime Minister
20.03.2018 | 12:39

The Ukrainian economy sectors can boast of a multiplicity of development potential, hence its effective disclosure through financing of science and start-ups, will allow Ukraine to achieve technological breakthrough and substantial economic growth. This was stated by Prime Minister of Ukraine Volodymyr Groysman during a meeting with participants of the Innovation Ecosystem Sikorsky Challenge at the National Technical University of Ukraine "Igor Sikorsky KPI".

"We need to improve the system of financing science. I expect for concrete proposals from scientists what requires change so that to avoid underfunding of this sector", said Volodymyr Groysman.

The Head of Government initiated to convene the Council for Science and Technology aimed to tackle the transition of Ukrainian science from a model of maintenance to that of investment for development.

"We engage in the development of the economy. It is impossible without science and innovation. Capacity of the sector is monumental. I express readiness to adopt decisions to ensure competition and equal opportunities to get state support. I have the political will for that", the Prime Minister assured.

He toured the projects represented in the Innovation Ecosystem Sikorsky Challenge under the Igor Sikorsky KPI and based on a progressive model in which education, science and business are interwoven.

The researchers presented cutting edge Ukrainian solutions in space, healthcare, defense, energy efficiency, education sectors. Among them: new-generation unmanned aerial vehicles, space nano-and micro-satellites, potable water purification systems, electrothermal surgical instruments, small arms.

It should be noted that among the participants of the Innovation Ecosystem Sikorsky Challenge are high-tech companies from the USA, Europe and Ukraine, venture and investment funds, and large Ukrainian innovation and production companies.


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