The European Union has offered Ukrainian businesses and investment projects funding worth EUR80 billion under the Horizon 2020 program.
Managing Partner of the Poberezhnyuk and Partners law group Larysa Poberezhnyuk told Interfax-Ukraine the country signed an agreement with the European Union in March on Ukraine’s participation in the Horizon 2020 program, which was ratified last August.
Horizon 2020 is the largest European Union program for research and innovation with a budget of approximately EUR80 billion.The period of the program’s implementation is seven years, from 2014 to 2020.
“This cooperation has opened up new prospects for the development of national business. Intelligent, sustainable and inclusive growth are the goals that Europe proclaimed in its strategy until 2020 that could be implemented in Ukraine thanks to this program, which allows us to get funding for innovative projects and new directions,” she said.
According to the lawyer, Ukrainian enterprises and companies have the opportunity to fully participate in these processes to develop their own business and implement new technologies.
