In January 2024, President of Ukraine Volodymyr Zelensky signed a decree on the creation of the Council for Support of Entrepreneurship in Martial Law. This advisory and consultative body under the President of Ukraine aims to consolidate the efforts of the state and business to preserve and develop the country's entrepreneurial potential. (President of Ukraine)
The main tasks of the Council:
• Systematic analysis of ensuring the right to entrepreneurial activity in martial law.
• Formation of state policy on guaranteeing the right to entrepreneurship.
• Development and submission of proposals for the President to resolve problematic issues.
• Promotion of effective interaction of the state with business entities and specialized public associations.
Composition of the Council:
The Council includes well-known representatives of Ukrainian business, in particular:
• Artem Borodatyuk - co-founder of Netpeak Group.
• Oleg Horohovsky - co-founder of Monobank.
• Vyacheslav Klymov – President of the Union of Ukrainian Entrepreneurs, member of the supervisory board of Nova Poshta.
• Oleksandr Konotopsky – co-owner of Ajax Systems.
• Taras Kytsmey – co-owner of SoftServe.
• Kostyantyn Yefymenko – President of Biopharma.
• Dmytro Oliynyk – Chairman of the Council of the Federation of Employers of Ukraine.
This composition ensures representation of various sectors of the economy and promotes effective dialogue between the state and business. (Business Portal)
Impact on the investment climate:
The creation of the Council is an important step in improving the investment climate in Ukraine. It contributes to:
• Reducing administrative barriers for investors.
• Increasing the transparency and predictability of the regulatory environment.
• Promoting the development of small and medium-sized businesses, which are the basis of the country's economy.
Tips for business owners:
• Adaptation: Be prepared for rapid change and adapt business models to new conditions.
• Innovation: Implement new technologies and approaches to increase competitiveness.
• Networking: Actively participate in events and initiatives that promote business development and establish new contacts.
In conclusion, the creation of the Entrepreneurship Support Council is a positive signal for investors and entrepreneurs. It demonstrates the state's desire to support business and create favorable conditions for its development even in martial law.