financial support

Abstract. This study focuses on evaluating the effectiveness of state regulation in initiating innovative projects under limited funding. The primary emphasis is on examining the mechanisms employed by the government to stimulate innovative activities among enterprises and foster the development of innovative ideas. The analysis encompasses the legal and financial landscape surrounding innovative projects, evaluating the impact of government programs and instruments on their initiation and development.

Problem setting. Formation of effective local self-government, which would be in line with the basic principles of the European Charter of Local Self-Government, is one of the most important and, at the same time, complex issues of Ukraine’s development as a democratic state. It is well known that the key element of local self-government is territorial communities which efficiency influences the development of the country.