Regional Fund for the Support of the Entrepreneurship of Zaporyzhzhya Region

State Organization www.rbc.zp.ua

State Organization Regional Entrepreneurship Support Fund in Zaporyzhzhya Region was created in 1999 due to the Decree of the President of Ukraine "On State Support of Small Business» № 456/98 of 12.05.1998. www.rbc.zp.ua

Regional Foundation is a non-profit organization. The Fund began its activity in January 2001. It was founded by Ukrainian Fund for Entrepreneurship and Zaporyzhzhya Regional State Administration. Regional Foundation is a non-profit organization. www.rbc.zp.ua

Mission In the field of consulting the Fund provides free advice on financial aid, developing business plans, organizes their own affairs and other matters related to the conduct of business and provides free on-site consulting and seminars for entrepreneurs in the areas of Zaporyzhzhya region. www.rbc.zp.ua

Leader of the Organization Vladimir Stepanenko, the Director-General of the organization, is a person who exerts every effort to develop small and medium kinds of business in Zaporyzhzhya region. He is a person who is looking for new ways and opportunities for the development of this sector of the economy. He considers the problems of young entrepreneurs carefully and always helps to find the optimal solution of the problem. www.rbc.zp.ua

What is business incubators Business incubators are structures, which provide assistance to new companies at the stage of their organization and establishment. The main objective of business incubators in the interactive process is to inspire people to start own business, create conditions, conducive to the development of new companies and entrepreneurship, supporting them in the development of innovative products, to provide them premises, infrastructure and other www.rbc.zp.ua

that reside and work on its territory Business Incubator is a special business environment, which main task is to create favorable conditions for formation and sustainable development of the business for economic entities, that reside and work on its territory www.rbc.zp.ua

Business Incubators in Ukraine Currently in Ukraine, there are a very small number of Business Incubators. We have Belotserkovsky, Khmelnitsky, Simferopolsky, Lvivsky, Poltavsky, Kharkivsky, Ivano-Frankivsky successfully working business incubators. In Zaporyzhzhya region there are not any business incubators. www.rbc.zp.ua

Potential for development of Business Incubators in Ukraine The specificity of business incubators is the fact that their patterns have the potential to acquire the network character. That, in addition to the standard functions of business incubators creates synergies between the subjects of the structure. www.rbc.zp.ua

There are two conditions, which are necessary for the implementation of the synergies. The first is a qualified managers, who are able to give an impulse for cooperation. And the second is the exchange of experience with more experienced colleagues from other regions, that gives an opportunity for active development and gives knowledge how to do that. www.rbc.zp.ua

Ukraine is a country with a rapidly developing branch of small business has a huge potential of development networks of Business Incubators. www.rbc.zp.ua

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