The Cabinet has created a Fund for the development of innovations

Кабмин создал Фонд развития инноваций

The Cabinet of Ministers decided to create a Fund for the development of innovations. The decision taken in the government meeting on Wednesday, reported “Ukrainian news”.

“To accept the proposal of the economic and financial Department of the Secretariat of the Cabinet of Ministers on creation of Fund of innovation development”, – stated in the government’s possession.

According to the order is created the Fund of development of innovations in accordance with the purposes defined in the law “On state budget for 2018”. For its implementation established spending in the state budget for the current year.

Earlier it became known that Ukraine will create a President’s Fund to support educational and research programs for youth.

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