Preliminary Investment Feasibility Study
Project Status
Investment Feasibility Study
Entry into Portfolio
Local level of SPP
Implementation
Completion
- General information
- Strategic Case
- Economic Case
- Commercial Case
- Financial Case
- Management Case
- Summary
General information
Description of the project
The project involves the creation of a network of five innovation development and entrepreneurship support centers in the city of Kryvyi Rih. They will become modern spaces for training, research, and support for youth and business initiatives, particularly in the areas of the "green" economy, digital technologies, and creative industries. The implementation of the project will contribute to the development of human capital, the formation of a startup ecosystem, and the increase in the competitiveness of the community.
The purpose of the project
Main Goal:
Introducing innovations and energy-efficient solutions
Secondary Goal:
Contribution to climate or environmental goals, Increasing compliance with modern standards, Creation of new facilities and services, Improving the equality of wealth distribution, Creation of new jobs through project implementation
Description of the purpose of the project and ways to achieve it
The goal of the project is to create a network of innovation development and entrepreneurship support centers in the city of Kryvyi Rih that will provide modern opportunities for training, research and launching new business initiatives. The centers will contribute to the formation of an innovation culture among young people and adults, the development of entrepreneurial and digital competencies, the emergence of startups in the field of the "green" economy, creative industries and new technologies. The goal will be achieved in stages: through the launch of a pilot center with an area of 150 m² in 2026, the creation of four more spaces of 500 m² in 2027–2028, equipping them with modern equipment, implementing educational programs, acceleration tools and developing partnerships with universities, business and international organizations.
Today, the city lacks specialized infrastructure for innovative entrepreneurship and supporting youth startups, and the existing educational and co-working spaces are fragmented and unable to ensure systemic development. This limits young people's access to modern knowledge and mentoring support, reduces the chances of startups to successfully scale up, and prevents Kryvyi Rih from realizing its potential as an innovation center. The proposed project will bridge this gap by creating a sustainable network that will annually attract hundreds of participants, launch new projects, and create jobs, strengthening the competitiveness of the community.
Problems and solutions resulting from project implementation
The key problems that the project should address are the lack of modern infrastructure in the city for the development of innovation and entrepreneurship, limited opportunities for young people and entrepreneurs to obtain practical knowledge and mentoring support, as well as weak integration of the community into the processes of the circular economy, energy efficiency and European development standards. The relevance of these problems is due to the post-war reconstruction, the need to diversify the economy of Kryvyi Rih and the growing demand for "green" and digital competencies. If these challenges are not addressed, the community risks losing competitive advantages, young people will leave for other cities and countries, and business will remain inefficient and dependent on traditional resource-intensive models. The implementation of the project will create an ecosystem to support innovation, activate the development of local startups, promote youth employment, increase energy efficiency and integrate the city into the European space of sustainable development.
Socio-economic context
Indicator
Value
Number of jobs, including for IDPs
45 units
Number of people who will use the service
5000 human
Strategic Case
Strategic feasibility of the project
Sector
Economic activity
Subsector
Small and medium business policy
Stream
Commercialization of innovations
Strategic document
Стратегія розвитку територіальної громади
Task
1.4.3. Commercialization of innovations
Project objectives
Project objectives were not specified by the initiator
Project Sustainable Development Goals
Demand for the service and its dynamics
What methodology was used to estimate demand?
У підготовці проєкту застосовувалася комбінована методологія оцінки попиту, що поєднує кількісні та якісні інструменти аналізу. Зокрема, проведено опитування серед учнів старших класів, студентів, молодіжних організацій та представників малого бізнесу, які засвідчили високий інтерес до сучасних освітніх просторів і програм з інновацій та підприємництва.
[Response was provided in the Preliminary Investment Feasibility Study]
Has data from external sources been used in the demand assessment?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Does the demand forecast take into account the latest demographic and economic forecasts?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Indicator
Year
Demand
Annual demand for services/infrastructure
1
300 human
Annual demand for services/infrastructure
2
700 human
Annual demand for services/infrastructure
3
2400 human
Economic justification
Analysis of the project's impact on ecology and climate change
Does the planned activity have a potential positive contribution to achieving climate or environmental objectives?
Transition to a circular economy
[Response was provided in the Preliminary Investment Feasibility Study]
Climate change adaptation
[Response was provided in the Preliminary Investment Feasibility Study]
Pollution prevention and control
[Response was provided in the Preliminary Investment Feasibility Study]
Sustainable use and protection of water and marine resources
[Response was provided in the Preliminary Investment Feasibility Study]
Protecting and restoring biodiversity and ecosystems
[Response was provided in the Preliminary Investment Feasibility Study]
Climate change mitigation
[Response was provided in the Preliminary Investment Feasibility Study]
Is the proposed project expected to significantly harm any of the following climate or environmental objectives?
None of the options are applicable
Does the planned activity have a potential positive contribution to achieving climate or environmental objectives?
Sustainable use and protection of water and marine resources
[Response was provided in the Investment Feasibility Study]
Pollution prevention and control
[Response was provided in the Investment Feasibility Study]
Climate change adaptation
[Response was provided in the Investment Feasibility Study]
Protecting and restoring biodiversity and ecosystems
[Response was provided in the Investment Feasibility Study]
Transition to a circular economy
[Response was provided in the Investment Feasibility Study]
Climate change mitigation
[Response was provided in the Investment Feasibility Study]
Is the proposed project expected to significantly harm any of the following climate or environmental objectives?
None of the options are applicable
Have the greenhouse gas emissions or emission reductions (Scope 1-2) associated with the project been calculated for a typical year and the entire project period?
No
[Response was provided in the Investment Feasibility Study]
Does the project require an environmental impact assessment (EIA) in accordance with the Law of Ukraine "On Environmental Impact Assessment"?
Conducting an EIA is not required.
[Response was provided in the Investment Feasibility Study]
Project sustainability and inclusivity
Identify potential gender risks of the project and indicate possible ways to overcome them:
Not applicable to my project
[Response was provided in the Preliminary Investment Feasibility Study]
Does the project provide for improving women's access to services?
Envisaged training or advanced training for women in the private sector
[Response was provided in the Preliminary Investment Feasibility Study]
The project will improve women's access to education (primary, secondary, vocational)
[Response was provided in the Preliminary Investment Feasibility Study]
The project will create jobs available to women (temporarily or permanently)
[Response was provided in the Preliminary Investment Feasibility Study]
The project will improve women's access to safe water, food, and medical services
[Response was provided in the Preliminary Investment Feasibility Study]
Are civil society organizations representing women and vulnerable groups included in the consultation process?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Were consultations held with representatives of target groups to take into account gender equality issues in the project?
Focus groups or consultations with women and vulnerable groups were held
[Response was provided in the Investment Feasibility Study]
Feedback on the project design was received from organizations working with women
[Response was provided in the Investment Feasibility Study]
Women's participation is ensured at various stages of planning (including public hearings)
[Response was provided in the Investment Feasibility Study]
Have the gender risks and social impacts of the project been assessed?
All possible positive impacts of the project on women, men or other gender groups have been identified
[Response was provided in the Investment Feasibility Study]
A plan to mitigate negative social impacts focused on women has been developed
[Response was provided in the Investment Feasibility Study]
The percentage of women who will gain new educational/professional opportunities is quantified
[Response was provided in the Investment Feasibility Study]
All possible negative impacts of the project on women, men or other gender groups have been identified
[Response was provided in the Investment Feasibility Study]
Are there management and institutional mechanisms in place to ensure gender equality?
A policy/code of conduct on non-discrimination and gender equality has been developed
[Response was provided in the Investment Feasibility Study]
A gender specialist/advisor is included in the project management structure
[Response was provided in the Investment Feasibility Study]
Mandatory training for project staff on gender equality and inclusion is provided
[Response was provided in the Investment Feasibility Study]
Alternative technical solutions
Technical Solution 1
Network of innovation development and entrepreneurship support centers
Technical Solution 2
Unified Innovation Center of Kryvyi Rih
Cost breakdownCost justificationCost justification
Project cost (preparation and implementation)75'000'000 UAH75'000'000 UAH
For preparation4'300'000 UAH4'300'000 UAH
For implementation70'700'000 UAH70'700'000 UAH
Project operation and closure cost1'494'043'008 UAH637'555'688 UAH
For operation1'494'043'008 UAH637'555'687 UAH
For closing0 UAH1 UAH
Average annual costs74'702'150 UAH0 UAH
Project duration, incl.36 months36 months
Deadline for developing a FFS6 months12 months
Implementation period30 months24 months
Service life240 months240 months
Target indicatorsDefined Defined
Technical Solution Status
Active
[The technical approach was selected for further detailed analysis or implementation.]
Rejected
[The technical approach was not selected for further detailed analysis or implementation.]
Components of a technical solution
Commercial Justification
Supplier and contractor market assessment
Is the project likely to attract a sufficient number of bidders to ensure real competition that will encourage bidders to think innovatively and maximize the quality of their proposals?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Is the project of interest to small and medium-sized enterprises?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Will the project involve national or international suppliers and contractors?
Yes, both national and international
[Response was provided in the Preliminary Investment Feasibility Study]
Has an analysis of available procurement options been conducted for the technical solution?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
What procurement strategy was chosen for the project implementation, and what justifies its feasibility in the context of the market and project objectives?
Для реалізації проєкту обрано стратегію відкритих конкурентних торгів із попереднім залученням ринку. Такий підхід є доцільним, оскільки проєкт включає комплексні роботи та постачання (будівництво, обладнання, ІТ-рішення, меблі, лабораторні комплекси), що потребує максимально широкої конкуренції та залучення різних типів виконавців.
[Response was provided in the Investment Feasibility Study]
What approaches are planned to be used to ensure transparency, competition, and efficiency in the procurement process?
Основним інструментом буде відкрита конкурентна процедура. Для вузькоспеціалізованого обладнання та у разі обмеженої кількості постачальників допускається застосування прямих переговорних процедур, що відповідає чинному законодавству. У випадках складних інноваційних рішень може використовуватися конкурентний діалог для уточнення технічних параметрів і вибору найбільш оптимальної пропозиції.
[Response was provided in the Investment Feasibility Study]
What types of procurement procedures are envisaged by the project (open tender, negotiated procedure, competitive dialogue, etc.)?
Open competitive bidding
[Response was provided in the Investment Feasibility Study]
Competitive dialogue
[Response was provided in the Investment Feasibility Study]
Direct negotiation procedures
[Response was provided in the Investment Feasibility Study]
Pre-market engagement
Здійснено огляд відкритих тендерів у ProZorro, аналіз аналогічних проєктів у сфері коворкінгів, інноваційних просторів та лабораторій, а також консультації з експертами та потенційними підрядниками. Це дозволило оцінити середні ринкові ціни, доступність обладнання та рівень конкуренції серед виконавців.
[Response was provided in the Investment Feasibility Study]
Potential market participants
Очікується висока конкуренція серед національних будівельних компаній, постачальників меблів та мультимедійного обладнання. Для спеціалізованих лабораторних рішень потенційними постачальниками є як українські дистриб’ютори, так і міжнародні виробники. Участь у проєкті можуть взяти консалтингові компанії з досвідом у сфері освітньої та інноваційної інфраструктури.
[Response was provided in the Investment Feasibility Study]
Market readiness assessment
Ринок України демонструє достатній рівень готовності: є кваліфіковані будівельні та інжинірингові компанії, доступні сучасні ІТ- та лабораторні технології. Основними бар’єрами можуть бути валютні коливання та строки логістики для обладнання, що імпортується. Водночас наявність діючої електронної системи закупівель та досвід реалізації подібних проєктів у містах України підтверджують, що ринок спроможний забезпечити якісне виконання завдань.
[Response was provided in the Investment Feasibility Study]
Financial justification
Total project budget
Total preliminary budget1'569'043'008 UAH712'555'688 UAH
Project cost (preparation and implementation)75'000'000 UAH75'000'000 UAH
For preparation4'300'000 UAH4'300'000 UAH
For implementation70'700'000 UAH70'700'000 UAH
Project operation and closure cost1'494'043'008 UAH637'555'688 UAH
For operation1'494'043'008 UAH637'555'687 UAH
For closing0 UAH1 UAH
Were the methodological recommendations approved by the Ministry of Finance of Ukraine applied when calculating the indicative budget?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Were the methodological recommendations approved by the Ministry of Finance of Ukraine applied when calculating the indicative budget?
Yes
[Response was provided in the Investment Feasibility Study]
Average project cost per service recipient
Service UnitПослуги з підтримки інновацій та підприємництва
Service Unit Cost15'000 UAH
Profitability of the project
Is the project expected to generate income?YesNo
Is the project self-sustaining?Yes
Has the financial condition of the potential beneficiary been assessed in accordance with the order of the Ministry of Finance of Ukraine dated 14.07.2016 No. 616?
Yes
NPV Value23'081'947 UAH
Availability of services
Has an analysis been conducted of the accessibility of services for consumers and their financial ability to pay the established tariffs?
Yes – the analysis was conducted, it was found that the tariffs correspond to the financial capabilities of consumers
[Response was provided in the Preliminary Investment Feasibility Study]
Project Financing Mechanisms
Are funding sources and mechanisms identified?
Source and MechanismYesNo
Funding Sources
Approved Funds0 UAH0 UAH
Expected Funds0 UAH0 UAH
Public-private partnership
Has a qualitative and quantitative assessment of the project's suitability for implementation through a PPP mechanism been conducted?
The project does not fall under the PPP format by its nature/character
[Response was provided in the Preliminary Investment Feasibility Study]
Are there, after conducting an appropriate study, private investors interested in the possibility of implementing the project in the PPP format?
No
[Response was provided in the Preliminary Investment Feasibility Study]
Management Rationale
Team competencies
Determine which competencies/expertise required for successful project preparation and implementation can be provided by the project initiator's own project team (without involving external advisors)
Strategic justification - analysis of the strategic feasibility of the project
[Response was provided in the Preliminary Investment Feasibility Study]
Economic justification - economic analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Project management - communication with stakeholders
[Response was provided in the Preliminary Investment Feasibility Study]
Project management - risk management
[Response was provided in the Preliminary Investment Feasibility Study]
Economic justification - social and gender analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Project management - public consultations
[Response was provided in the Preliminary Investment Feasibility Study]
Economic feasibility study - technical expertise
[Response was provided in the Preliminary Investment Feasibility Study]
Business case - analysis of available procurement options
[Response was provided in the Preliminary Investment Feasibility Study]
Project management - legal support
[Response was provided in the Preliminary Investment Feasibility Study]
Strategic rationale - SDG compliance analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Project management - working with international financial organizations (IFOs)
[Response was provided in the Preliminary Investment Feasibility Study]
Financial analysis - financial analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Strategic rationale - demand analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Economic justification - environmental expertise
[Response was provided in the Preliminary Investment Feasibility Study]
Business case - analysis of the market environment
[Response was provided in the Preliminary Investment Feasibility Study]
Does the team have experience implementing similar projects?
Yes, successfully implemented 1 or more similar projects
[Response was provided in the Preliminary Investment Feasibility Study]
Identify which competencies/expertise required for successful project preparation and implementation need to be strengthened by engaging independent experts or consultants
None of the options are applicable
Is there an understanding of where to find relevant experts and consultants?
Partially, we are considering options
[Response was provided in the Preliminary Investment Feasibility Study]
Is the project management structure defined: working group, chair, project team?
Yes
[Response was provided in the Investment Feasibility Study]
What categories of experts and consultants have already been involved at the project preparation stage?
Specialists in interaction with international financial organizations (IFOs)
[Response was provided in the Investment Feasibility Study]
Environmental experts
[Response was provided in the Investment Feasibility Study]
Financial consultants/modelers
[Response was provided in the Investment Feasibility Study]
Legal consultants
[Response was provided in the Investment Feasibility Study]
Commercial experts
[Response was provided in the Investment Feasibility Study]
Economic analysts
[Response was provided in the Investment Feasibility Study]
Strategic consultants
[Response was provided in the Investment Feasibility Study]
Technical experts
[Response was provided in the Investment Feasibility Study]
Social/gender consultants
[Response was provided in the Investment Feasibility Study]
Management experts / project managers
[Response was provided in the Investment Feasibility Study]
Are there plans to involve experts and consultants for further implementation of the project?
Yes
[Response was provided in the Investment Feasibility Study]
Risk assessment
Financial riskDefinedUndefined
Operational riskDefinedUndefined
Market riskDefinedUndefined
Other riskDefinedUndefined
Organizational events
ResponseDefinedUndefined
Team involvement
How exactly are/will stakeholders be involved?
Focus group
[Response was provided in the Investment Feasibility Study]
Online survey
[Response was provided in the Investment Feasibility Study]
Meetings with local authorities
[Response was provided in the Investment Feasibility Study]
Public consultations
[Response was provided in the Investment Feasibility Study]
Public hearings
[Response was provided in the Investment Feasibility Study]
When are/will engagement activities be taking place?
At the project monitoring stage
[Response was provided in the Investment Feasibility Study]
At the project implementation stage
[Response was provided in the Investment Feasibility Study]
At the project preparation stage
[Response was provided in the Investment Feasibility Study]
How is/will the public be informed about the importance of participation and available channels for feedback?
Official websites
[Response was provided in the Investment Feasibility Study]
Social networks
[Response was provided in the Investment Feasibility Study]
Local media
[Response was provided in the Investment Feasibility Study]
Are public hearings being held/will they be held (offline, online)?
Yes, offline.
[Response was provided in the Investment Feasibility Study]
при безпековій ситуації
Who will attend the public hearings?
Representatives of public organizations
[Response was provided in the Investment Feasibility Study]
Experts
[Response was provided in the Investment Feasibility Study]
Community representatives
[Response was provided in the Investment Feasibility Study]
Government officials
[Response was provided in the Investment Feasibility Study]
Public hearings have already been held
No
[Response was provided in the Investment Feasibility Study]
Results of the feasibility analysis
Project Preparation Program Engagement and Funding Needs
Is there ongoing cooperation or support within the framework of international technical assistance (ITA) or from other donor or government agencies?
No
[Response was provided in the Preliminary Investment Feasibility Study]
Does the project require preparation assistance from Project Preparation Programs (PPF)?
None of the options are applicable
Does the project require additional preparation assistance from Project Preparation Facilities (PPF)?
None of the options are applicable
Need for financing
Does the project require additional funding for preparation?
No
[Response was provided in the Preliminary Investment Feasibility Study]
Project Approval History
DateDecision NumberPortfolioProject StatusDecisionReasonsMaturity level
06/10/2025SP-L-061025-12CA1DE7Community SPInvestment Feasibility StudyCancellation of the decision to include in a joint venture--
24/10/2025SP-L-241025-EDD9B874Community SPInvestment Feasibility StudyNot approvedclarify the estimate, expense items-
27/10/2025SP-L-271025-A1934081Community SPInvestment Feasibility StudyCancellation of the decision to include in a joint venture--
06/02/2026SP-L-060226-E4E44BD7Community SPInvestment Feasibility StudyInclude--
31/10/2025SPP-L-311025-9D75E8EFCommunity SPPInvestment Feasibility StudyCancellation of the decision to include in a joint venture-86
17/02/2026SPP-L-170226-E5C4AA3ACommunity SPPInvestment Feasibility StudyInclude-80