venture capital

The article examines the specifics of state support for startup industries in European countries. The authors analyze the main directions and features of implementing state policies in the field of innovation and startup entrepreneurship development. Existing tools for activating innovative and startup activities applied worldwide were identified. State support for the startup industry includes financial and non-financial assistance, as well as the creation of a favorable business environment.

In the article it is established that today in Ukraine the development of venture investment of innovative enterprises is at an early stage and is characterized by a number of problems. The dynamics of venture capital in Ukraine shows that their number and capitalization have been growing rapidly during the research period 2011-2019, and this growth continued even after the crisis. It is worth noting that venture investments in Ukraine are made in points, in particular they are more concentrated in Kyiv and Lviv. The largest share of venture capital is international capital.