Business news from Ukraine

UKRAINE’S LARGEST INNOVATION CENTER IHUB WILL OPEN IN KYIV IN JULY

12 April , 2016  

KYIV. April 12 (Interfax-Ukraine) – Ukraine’s largest center of innovations and entrepreneurship of the iHub international network will open at 10 Khreschatyk Street in Kyiv in early July, the press service of Kyiv City State Administration has said.

“It will be the largest center of innovations, the object in which hundreds of young entrepreneurs will be daily trained,” reads a press release citing the board chairman of the Seed Forum international fund in Ukraine, the operator of iHub centers, Dmytro Podolev.

According to him, investment in the opening of a new center of innovations and entrepreneurship will be from UAH 10 million to UAH 15 million. The object with an area of 1,600 square meters will provide 200 jobs. The new iHub center will include eight open and 12 semi-enclosed conference halls, two event rooms, office space in the format of “open space,” four recreation areas, as well as a gym and showers. In addition, an area for parking bicycles will be foreseen.

The iHub project is developed with the support of the Norwegian Ministry of Foreign Affairs. The project operator is the Seed Forum international network of non-profit support foundations and investment development.