was established
SUPPORT FOR PRIVATE INVESTMENT INFRASTRUCTURE
The current crisis has shown businesses and politicians that betting on speculative operations and inflating the market cannot be a long-term development strategy. The future of Ukrainian business in the transition to a post-industrial type economy, dominated by services, high technology and infrastructure. Such changes require a system of incentives for venture investments, which play an important role in ensuring the country’s competitiveness. It is no coincidence that states with a developed venture capital market (USA, Japan, Germany, UK) act as the largest exporters of high technology products. In these countries, a key role in the search and development of high-risk startups belongs to associations of private investors, the so-called business angels. If we evaluate the volumes of venture investments, then the investments of private investors there exceed the volumes of large institutional investors. Continue reading