The State Agency of Ukraine for Investment and Development

Systematical approach in the forming of innovation activity legislation in Ukraine was founded in 1999 together with the Conception of scientific-technological and innovation development of Ukraine that defines conceptual outlines of innovation development and together with basic law “On innovation activity” (the text is given in the original version) adoption in 2002.

The Law determines the goal and the principles of the State innovation policy and also legal, economic, organizational fundamentals of the State regulation of innovation activity.

In accordance with the law the primary goal of the State innovation policy is providing of social-economic organizational and legal conditions for efficient reconstruction, development and usage of scientific-technological potential of the country, for introduction of modern ecologically pure and safe energy and resource saving technologies, manufacturing and sales of new competitive goods.

Adoption of Laws “On special regime for innovation activity in technological parks” (the text is given in the original version) (in1999, with amendments in 2001, 2002, 2004, 2006), “On innovation activity priorities in Ukraine” (the text is given in the original version) (in 2003, with amendments in 2005) was an important step in formation of State innovation policy in Ukraine.

Adoption of the Law of Ukraine “On the State regulation of activity in the sphere of technology transfer” (the text is given in the original version) in 2006 enables to use scientific-technical and intellectual potential of Ukraine more efficiently, to stop unauthorized (unsanctioned) usage of intellectual property objects, non-controlled transfer of national results of scientific-technical activity across boards of Ukraine, to prevent penetration of morally obsolete and non-liquid goods into Ukraine and to expend international scientific-technical cooperation in that sphere.

Committee for the activity organization of technological parks and innovation structures of other types was established as a standing body within the Cabinet of Ministry of Ukraine aimed at rising the efficiency of the State innovation policy realization, strengthening interdepartmental control for the realization of innovation and investment projects in order to promote efficient performances of technological parks and innovation structures of other types.

In accordance with the Regulation (approved by the Resolution of the Cabinet of Ministry of Ukraine dated August 6, 2003 №1219 (the text is given in the original version)), the main tasks of the Committee are:

improvement of the system of the State regulation of innovation activity;
providing of priorities of innovation activity at the State, industrial and regional levels;
activity coordination of central and local bodies of executive power, academies of sciences concerning establishment and functioning of technological parks and innovation structures of other types;
forming of the State innovation programs and State orders for innovation products;
increasing of performance efficiency of technological parks and innovation structures of other types.

In accordance with the Law of Ukraine “The State Budget of Ukraine for 2007” the Agency is entitled as an administrator of budget funds within the programs “The financial support of innovation and investment projects primarily connected with advanced technology introduction into manufacturing and technological parks by easing of credit mechanism” (КПКВК 6241060) and “Credit arrangements for the realization of innovation and investment projects in the industries of economy primarily connected with advanced energy saving technologies and producing technologies of alternative sources of fuels” (КПКВК 6241050).

The Order of the State Agency of Ukraine for Investments and Innovations dated 24.04.07 № 26 “On confirmation of the Order of competitive selection of innovation and investment projects aimed at financial support for the projects realization at the expense of the State budget funds for 2007” (the text is given in the original version) came into force.

This Order was approved in accordance with Article 6 of the Procedures of usage of the State budget funds for 2007 for financial support of innovation and investment projects which was confirmed by the Resolution of the Cabinet of Ministry of Ukraine dated March 1, 2007 № 329 (the text is given in the original version) and by the Law of Ukraine “On the State budget of Ukraine for 2007”.

This Order is aimed at creating the legal mechanism and regulation of competitive selection of innovation and investment projects for their financial support by payment of indemnity of interests on credits which were attracted from financial establishments.

The Order of the State Agency of Ukraine for Investments and Innovations dated 03.05.07 № 33 “On confirmation of the Order of competitive selection of innovation and investment projects aimed at financial support for the projects realization at the expense of the State budget funds for 2007” (the text is given in the original version) came into force.

This Order was approved in accordance with Article 6 of the Procedures of usage of the State budget funds for 2007 for financial support of innovation and investment projects in the spheres of economy, the Procedures in their turn were confirmed by the Resolution of the Cabinet of Ministry of Ukraine dated March 14, 2007 № 455 (the text is given in the original version) and by the Law of Ukraine “On the State budget of Ukraine for 2007”.

This Order is aimed at creating the legal mechanism and regulation of competitive selection of innovation and investment projects for crediting of business entities introducing such projects in the spheres of economy primarily connected with advanced energy saving technologies and producing technologies of alternative sources of fuels.

SUBSIDIARY ORGANIZATIONS

SUBSCRIPTION FOR NEWS

OFFICIAL SOURCES

POLLS

STIMULATION OF INNOVATION ACTIVITY

20.08.10