News

The Cabinet of Ministers of Ukraine made a decision on the order of formation and use of the assets that belong to the State Finance Institution for Innovations (SFII). That is what its Resolution № 685 dated 17 June 2009 is talking about. That decision opens a way to SFII to launch a procedure of selection projects that aspire to obtain financing.

The Cabinet of Ministers of Ukraine made a decision on 17 June to furnish the State guarantees amounting to UAH 8 billion against liabilities of the State Finance Institution for Innovations (SFII) in order to attract investments for development of the national economy. The Governmental Resolution anticipates that the State Finance Institution for Innovations will use these funds to grant loans to legal entities that are implementing their investment projects.