ILCA @ CYFNU: Opening Of Business Incubator “Innovation Challenge”

On March 3, the grand opening of the Business Incubator “Innovation Challenge” took place in Marble Hall under the auspices of ILCA project. According to the organizers, it has currently united about 250 students who are ready to gain new knowledge and experience to start their own business. A business incubator is an organization that supports the projects of start-up entrepreneurs (companies starting their activities) at the stages of their formation and development: from the development of an idea to its commercialization. Its participants receive motivational advice from the university management, business representatives, financial and credit institutions, authorities and public organizations. The implementation and implementation of such projects are extremely urgent, because rebuilding the economy of Ukraine is now an extremely important task for the young generation. The creation and operation of a business incubator will contribute to increasing the level of commercialization of innovations, the growth of inventive and innovative activities, the improvement of the level of well-being of Ukrainians and will provide an opportunity to combine educational, scientific and innovative activities and contribute to the strengthening of the economy of our state.

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