Vinnytsiya: new opportunities for brain economy01/10/2019

Vinnytsiya confirms plans for new innovation and technology park to boost brain economy

Officials in Vinnytsia have confirmed plans to launch the first phase of an innovation and technology park in the central Ukrainian city in 2021.

The park will feature over 100 offices with approximately 1000 workspaces as well as additional features such as a startup accelerator and co-working facilities.

The UAH 200 million project aims to take advantage of the “brain gain” the city is currently enjoying following the relocation of Donetsk National University to Vinnytsia in 2014.

“We are creating an eco-system for creative industries in the city. The park will be located alongside Donetsk National University, so it will be a win-win scenario. Employers will be able to get qualified workers, and students will get jobs,” commented Vinnytsia City Council’s Vitaliy Pohosian.

Source: Business Ukraine magazine