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From incubation to acceleration - infrastructural development and implementation of new tools to support innovative business ventures based on the Youth Business Incubator (YEI) in Lviv

During earlier projects implemented by the Institute of Urban Development in Ukraine (No 462/2015 and 205/2016), related to the construction of the Youth Entrepreneurship Incubator in Lviv and the launching of the innovative training programme (Startup School and YEI School of Social Economy), five essential needs were identified:

  1. The need to increase capacity and expand the already existing Youth Entrepreneurship Incubator in Lviv, due to the great interest on the part of persons planning to start their own business,
  2. The need to continue and expand the curriculum within the Start-up School,
  3. The need to link efforts taken by the City to develop enterprise (public sector), business organisations and educational institutions,
  4. The need to supply tools for the development of firms engaged in engineering and design (creative sector),
  5. The need to improve effectiveness of the incubation programme and to increase the sustainability of firms that leave an incubator.

From incubation to acceleration - infrastructural development and implementation of new tools to support innovative business ventures based on the Youth Business Incubator (YEI) in Lviv

The essential aim of the project is to develop innovative entrepreneurship among young graduates of higher-education institutions in Lviv and to create sustainable schemes to support development and achievement of independence of small enterprises, particularly in the sector of creative services.

Support will be particularly focused on undertakings with a high creativity capacity, related to engineering and design. Enterprises of this type have great potential, as they can expand their services also outside the country.

The adopted aims will be pursued within five activities, planned for a period of three years:

  1. Expansion of the Youth Entrepreneurship Incubator (YEI) in Lviv,
  2. Training in entrepreneurship for young people - Startup School,
  3. Establishment of Lviv Business Support Forum,
  4. Creation of a design laboratory - Lviv DesignLab,
  5. Implementation of programme of acceleration of selected firms with the highest sustainability potential.

From incubation to acceleration - infrastructural development and implementation of new tools to support innovative business ventures based on the Youth Business Incubator (YEI) in Lviv

As a result of the project’s implementation, the Youth Entrepreneurship Incubator will be expanded (to double the area, with adaptation and furnishing of premises), allowing for the creation of 50-70 new work posts. Around the building there will be a space providing the incubator employees with a form of relaxation, serving also for integration, meetings and experience exchange, allowing for better cooperation between firms and persons working in the incubator. The facade will also be renovated and covered with bricks with the names of firms that have ”passed” through the incubator in previous years.

New competences and knowledge in entrepreneurship will be acquired by a group of about 450 students and graduates of higher-education institutions in Lviv. Advisory support will be provided for 40 firms.

Between institutional partners, 12 agreements will be signed on supporting entrepreneurship in Lviv.

The Lviv Business Support Forum will be established in the form of an informal agreement between the Lviv Town Hall with the administration of the Lviv Oblast, and local firms, business organisations, higher-education institutions and expert institutions. The Forum will seek ways of improving conditions for the development of local entrepreneurship and will implement concrete solutions, programmes or good practices to support entrepreneurial attitudes and activities, particularly in the field of micro-enterprise and the development of small firms.

It will be possible to prototype after the creation of a design laboratory (Lviv DesignLab) within the Youth Entrepreneurship Incubator and to purchase equipment.