Ukrainian intellectual product is part of the best world solutions. Hence, our objective is to form a holistic product just inside Ukraine, our intelligence is our advantage. Prime Minister of Ukraine Volodymyr Groysman announced in his statement to the participants of the Fourth All-Ukrainian Innovation Festival. This annual event has gained a record number of applications - 250. Among the finalists, and those are 60 projects, there are solutions offered in the following sectors: energy efficiency, agrarian sector, medicine, security, cyber security, green energy, teaching technology and aircraft engineering.
This year among the nominees for winning in the festival, among other things, are complex mobile applications for accountants, tourist and gastronomic guides, motivational devices, devices for people with visual impairment, diagnostic systems, acoustic-based military applications, interactive boards, which work on all surfaces, even entertainment platforms for domestic pets and special bakeries baking bread with a complex of vitamins and elements for patients with severe forms of anemia.
In total, 75 educational institutions, including 61 higher educational institutions, 30 scientific institutions and 12 enterprises submitted applications for the festival. According to the organizers, the highest number of applications was submitted by Vinnytsia National Agrarian University and Lutsk National Technical University. Half of all applications are technical and technological solutions.
Welcoming the participants of the festival, the Head of Government said that he saw a great nation of innovators. "Today, new solutions and ideas are burning needs for Ukraine and the world. Recently, we are seeing good trends - integration of ideas with the real sector. Business invests in innovation in order to shape a marketable product. Our intellectual capital is our advantage. Part of our intelligence is already enshrined in the best global solution. So the task is to form such products in Ukraine", Volodymyr Groysman emphasized.
The Prime Minister stressed that the Government is entering the final stage on the establishment of the Startup and Innovation Fund. "We are going to finalize the launch of the Fund. We have already a sum worth UAH 400 million. Inventors and innovators need Ukraine because they make Ukraine strong", the Prime Minister added.
All-Ukrainian Innovation Festival-2019 is held as part of the celebration of the Day of Science. It is a traditional platform for presenting the best projects combining the educational, scientific and business environments. The developments that have potential for commercialization are being presented here.
Last year Ukraine climbed to the highest position in the Global Innovation Index for the last 12 years - the 43rd among 126 economies in the world. At the same time, in the medium term, the Government priority action plan envisages that in the coming years Ukraine should heighten the research intensity of the economy and the share of high-tech products and services in the structure of exports.