Business news from Ukraine

Business news from Ukraine

UKRAINE SIGNS AGREEMENT WITH EU ON PARTICIPATION IN HORIZON 2020 PROGRAM

1 April , 2015  

Ukraine and the European Union have signed an agreement on Ukraine’s participation in the Horizon 2020 research and innovation program.

“I am very pleased to welcome Ukraine to our EU research funding program Horizon 2020… Ukraine will now have access to the full spectrum of activities funded under Horizon 2020, helping it to spur its economy. I hope Ukraine will make the most of these opportunities,” EU Commissioner for Research, Science and Innovation Commissioner Carlos Moedas said at a press conference. He also said that Ukrainian entrepreneurs will be able to receive grants provided by the European Research Council and get access to the program’s instruments designed for small and medium seized businesses.

The total amount of Ukraine’s contribution for participation in the program will be EUR 35.5 million until 2020. Horizon 2020 is the largest EU research and innovation program which is designed for seven years (2014 to 2020), and is aimed at the support of research and innovative activities.