Ukraine's state budget 2018 envisages $1.8 mln to support innovation – PM Groysman

"We are creating the budget's Innovation Support Fund, which will amount to UAH 50 million, as we want to support all innovative solutions being generated by Ukrainians now," he said a Kyiv meeting with regional media on December 11.

As UNIAN reported earlier, Groysman advocates the creation of a major fund to support Ukrainian start-ups.

Read alsoAbout $3.5 bln to be invested in Ukraine IT industry – expertAccording to the Economic Development Ministry, there are about 2,000 high-tech start-ups operating in Ukraine today, with their number growing.

Ukraine concluded about 80 investment agreements worth UAH 88 million ($3.2 million) with innovative companies in 2016. The contracts signed over the past five years are estimated at more than $400 million.