Sikorsky Challenge Ukraine

The main mission of Innovation Holding is to develop and maintain an environment where new ideas and innovative technologies are born. Startup companies and small high-tech enterprises are created that bring new high-tech products and services to local, national, and global markets.

The main task is the creation and development of the Startup Schools "Sikorsky Challenge" in developed (in the context of innovations) universities of all regions of Ukraine.

Other tasks include:

  • Participation in the creation and management of Innovation Clusters of cities and regions Selecting promising innovative projects and startups of scientific and technical developments by organizing and conducting relevant competitions at the local, regional, national, and international levels
  • Acceleration of selected projects by aiding their preparation in accordance with the requirements of investment companies and funds
  • Cooperation with state and international funds to attract grant financial support for Startup Schools, Innovation Clusters of Cities/Regions and Innovation Startup Companies
  • Attracting investments and venture funds from Ukrainian and foreign companies for the creation and development of a large number of micro and small innovative enterprises in all regions of Ukraine Continuous improvement of mechanisms for commercialization of promising projects taking into account global trends, changes in the Ukrainian legislations, the peculiarities of cities/regions, and past lessons learned
  • Cooperation with large and medium-sized enterprises aimed at solving their technological problems by involving startup teams and research groups
  • Carrying out technological and business examination of existing and emerging companies in the market of innovations, ideas, developments, and projects
  • Participation in the opening of, the assistance of, and support of micro and small innovative enterprises and startup companies (legal, mentoring, organizational)
  • Establishing links between companies and enterprises to launch mass production of innovative products


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