Business news from Ukraine


Project finalists will have the opportunity to develop their own design project and undergo an internship in a business environment

Ukrainian cultural organizations have developed an innovative international educational program European Design Upgrade (EDU 2.0) for graduate students. The 2021 project is aimed at the development of creative industries and support for talented students of design and creative industries and is a continuation of the implemented international project in 2020.

EDU 2.0 is supported by the Ukrainian Cultural Foundation and implemented by the Vasyl Khmelnytsky K.Fund foundation and the non-governmental organization GoLocal. UNIT.City innovation parks in Kyiv and Kharkiv are business partners.

With the program, course participants will have the opportunity to increase their awareness and competitiveness, expand their worldview and gain understanding of the latest trends and achievements of European design, which were used in the European Design Upgrade project in 2020 and preparation for Ukrainian designers in Dutch Design Week 2020.

The project program will be available in Ukrainian and English and will include blocks: “Philosophy and concept of design”, “Urban design and innovative technologies”, “Business strategies for sustainable design”, “Humanistic design of the future”, two hackathons and final presentations of design ideas business representatives.

Among the advantages of the course are lecturer and mentoring support of leading Ukrainian designers and entrepreneurs of the creative sector, an active student network of designers, applied application of design concepts and interaction throughout the project with the innovative business environment. The finalists of the project, whose ideas will find a response from the partners, will have the opportunity to undergo an internship.

The project will run from early August to late October 2021. The ideal applicant must fill out a complete questionnaire, present the idea of ​​their own project, indicate their own motivation and be a graduate of specialized universities. It is possible to become a participant of the program after filling in the form and interview-interviews with the project curators.

More about the program “Development of European Design” via the link.


The K.Fund foundation was founded by Ukrainian entrepreneur Vasyl Khmelnytsky in 2015 to support projects in the field of education and economics. K.Fund’s mission is to provide keys for development and implementation, provide opportunities for new knowledge and skills, facilitate discovery and help reach a new level.

The project is funded with support from the Ukrainian Cultural Foundation.

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All schools and kindergartens in Kyiv will resume their work on Wednesday, May 5. At the same time, the educational process in schools will not be extended for summer, mayor of the capital Vitali Klitschko said.
“On May 5, Kyiv will restore the educational process in schools, kindergartens, institutions of vocational education, colleges and higher educational institutions. All 428 schools in the capital and 572 kindergartens will be opened. I also note that the educational process in Kyiv schools will not be extended for the summer.” Students will complete the school year as usual, at the end of May. Since during the lockdown, classes were held remotely, according to the approved program,” Klitschko said at an online briefing on Friday.
He said that the heads of educational institutions received an order for enhanced disinfection and regular ventilation of the premises.
“I want to separately address the parents. Be attentive to the health of your children. At the first symptoms of the disease, contact your family doctor. And explain to your children the need to follow simple but important rules. Because, as we can see, the virus has become more aggressive towards children as well. Many of them get sick in a more severe form and with complications,” Klitschko said.
The mayor also reported that on Saturday, May 1, Kyiv returns to the boundaries of the “orange” zone of epidemiological danger. Shops, malls, markets and fairs, catering establishments, gyms and fitness centers will reopen in the city.
Also, all the public transport in the capital will operate as usual, in compliance with previously defined anti-epidemic standards.



ICU Group will allocate $1 million for the development of Kyiv School of Economics (KSE) as part of the continuation of the program to support education in Ukraine, ICU said in a release.
“In 2016, we were one of the first in Ukrainian business who believed in the mission of KSE and the real desire of the management to realize it. The school is intended to become an intellectual basis for a strong and innovative economy of Ukraine, and it is important for us to direct funds to create such a basis. We have been doing this for five years, and we see a clear result of the efforts of the school – the number of students has grown 10 times, and the list of curricula covers almost all trends in the development of modern economic thought,” the founder of ICU and co-chairman of the board of directors of KSE, Makar Paseniuk, said.
President of Kyiv School of Economics Tymofiy Mylovanov noted the systematic cooperation between the KSE and ICU.
“ICU is one of the first strategic partners of Kyiv School of Economics. KSE and ICU are primarily partners who together generated the most daring ideas and implemented them together: setting a new quality bar for themselves and for others. Ukrainian Financial Forum 2018 and 2019, Ukraine Economy Week are our common and favorite projects aimed at improving the quality of economic and business discussions,” he said.
ICU is one of the founders and sponsors of the Center for Journalism at KSE, where Ukrainian media journalists receive necessary knowledge in the field of economics and finance. Now KSE is opening two modern English-language bachelor’s programs: “Economics and Big-Data” and “IT and Business Analysis.” This became possible, among other things, thanks to the partnership and financial support of ICU.
“I am sure that such a significant investment in the development of education in Ukraine will become a bright precedent for domestic businesses – the flagships of the Ukrainian economy,” he added.
ICU Group is an independent financial group, founded in 2006 by specialists from ING, providing brokerage services, asset and private equity management services, as well as venture capital investments. The group specializes in the markets of Central and Eastern Europe.

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Some 20% of graduates are going to enter a foreign university, according to results of the sociological survey “Education in Ukraine: how Ukrainian Schools Survived the First Waves of Quarantine.”

In particular, 32% of respondents believe that they will study better at a top Ukrainian university than in Europe, the USA and Canada, 30% believe that it is necessary to study only in Ukraine, 20% – only abroad, and 20% found it difficult to answer.

Also, 61% of respondents believe that the university is an important space for socialization, finding friends and future partners. Some 49% of respondents believe that a certain stereotype has developed in society that education is a key to success, and another 49% say that the university provides an opportunity to start a business with minimal risk.

The online survey was conducted by the Ukrainian Institute for the Future in partnership with New Image Marketing Group from February 25 to March 4, 2021.

1,353 respondents were interviewed. The statistical error is 3.5%.


The Education and Science Ministry of Ukraine has announced the opening of the Ukrainian Institute for Education Development which will be in charge of the implementation of the New Ukrainian School Project. “The Ukrainian Institute for Education Development has opened. This agency will replace the Institute for Education Content Modernization to implement the New Ukrainian School Project and later all of the latter institution’s functions will be passed to it,” the ministry said.
Education and Science Minister Hanna Novosad noted that the Institute for Education Content Modernization was not always effective and successful during the implementation of the New Ukrainian School Project.
Vadym Karandiy has been appointed as Head of the new Ukrainian Institute for Education Development.
He headed that Ukrainian Center for Education Quality Assessment from 2015 until 2019, according to the ministry’s press service.
The ministry also said that the transformation of the old institution will be held until 2021.
The priority tasks of the Ukrainian Institute for Education Development will be coordination of the introduction of new education standards for students of the 3rd and 4th grades, assessment of quality of pre-school education with the help if the international tool ECERS, participation in the development of the national standards for secondary education and a typical secondary education program, support for professional development and growth of teachers, development of effective procedures for assessment of study books and piloting them during the selection of 4th grade students.

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Ukraine and Israel signed bilateral documents on cooperation in agriculture, economics, education, culture, as well as youth and sports. “A series of Ukrainian-Israeli documents were signed in the presence of President of Ukraine Volodymyr Zelensky and Prime Minister of Israel Benjamin Netanyahu,” the presidential press service reported on Monday.
Thus, Acting Minister of Agrarian Policy and Food of Ukraine Olha Trofimtseva and Ambassador Extraordinary and Plenipotentiary of the State of Israel to Ukraine Joel Lyon signed a Memorandum of Understanding on cooperation in the sphere of agriculture between the Ministry of Agrarian Policy and Food of Ukraine and the Ministry of Agriculture and Rural Development of the State of Israel.
In addition, Ambassador Extraordinary and Plenipotentiary of Ukraine to the State of Israel Hennadiy Nadolenko and Ambassador Extraordinary and Plenipotentiary of the State of Israel to Ukraine Joel Lyon signed an Agreement between the Ministry of Education and Science of Ukraine and the Ministry of Education of the State of Israel as regards facilitating the study of the Hebrew language in the educational institutions of Ukraine and the study of the Ukrainian language in the educational institutions of the State of Israel.
In addition, the ambassadors of the two states signed a Program of Cooperation in the spheres of education, culture, youth and sports between the Cabinet of Ministers of Ukraine and the Government of the State of Israel for 2019-2022.
State Secretary of the Ministry of Economic Development and Trade of Ukraine Oleksiy Perevezentsev and Ambassador Extraordinary and Plenipotentiary of the State of Israel to Ukraine Joel Lyon signed a Memorandum of Understanding between the Ministry of Economic Development and Trade of Ukraine and the Israeli Patent Office of the Ministry of Justice of the State of Israel.

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