Ukraine government to allocate UAH 300-350 mln for innovations in 2019

The money will be allocated through the Innovation Support Fund.

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The Cabinet of Ministers of Ukraine plans to allocate UAH 300-350 million (US$10.7-12.5 million) for innovations in 2019 through the Innovation Support Fund.

"I think we will allocate UAH 300-350 million for innovations development," Ukrainian Prime Minister Volodymyr Groysman said during the conference "New industrialization: joint actions of the Government and business" on Tuesday.

As UNIAN reported earlier, in late 2017, Volodymyr Groysman said the country's Innovation Support Fund would total UAH 50 million in 2018.

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