Twenty entrepreneurs will receive up to 60,000 hryvnias each to develop innovations in their businesses.
The Innovation Vouchers Programme was organized by the Executive Committee of the Ivano-Frankivsk City Council within the project “New Economy of Ivano-Frankivsk (NEF) – supporting emerging innovative economic activity clusters in Ivano-Frankivsk”, which is financed by the European Union as part of the Mayors for Economic Growth Facility. This is a programme of financial support for Ivano-Frankivsk’s SMEs for the development of innovations in their businesses.
In May 2023, entrepreneurs from Ivano-Frankivsk submitted their projects for financing in the Innovations Vouchers Programme for developing business and innovation.
After the competition committee evaluated the projects, 20 winning projects from over 50 received applications were chosen.
Entrepreneurs submitted projects for financing in three categories: marketing, consulting, and innovation. Each of the applicants could apply for all three areas of the program.
A total of 57 applications were submitted from both local and relocated companies and entrepreneurs.
Category Marketing: 31 applications / 10 winners
Category Consulting: 17 applications / 8 winners
Category Innovations: 9 applications / 2 winners
Some of the winning projects:
- development and implementation of a PR strategy for a clothing brand;
- patent registration for the technology of growing leather from mycelium;
- an export website for the sale of natural wool products on foreign markets;
- scientific, production, and marketing consulting for an innovative product – acoustic panels made from the wastes of fabrics from garment manufacturing;
- development of a web application – a staffing platform for effective interaction between the recruiting and sales departments;
After the results of the competition are announced, entrepreneurs start work on the implementation of projects, according to the terms of the competition, they have 3 months to do so.
The mission of the project “New Economy of Ivano-Frankivsk” is to stimulate the innovative economy and encourage the creation of products with high-added value in Ivano-Frankivsk.
