Creative industries development is one the European Union priorities for the 2018-2020 periods. It is confirmed by the startup of the “Creative Europe” program, directed to support the transnational exchange of the best cultural and creative practices and know-how, of new business and management approaches in this field. Taking into consideration the high actuality of the culture and creative economy development in Ukraine GoLOCAL has drafted a project “Creative and culture space. Incubation and acceleration of culture and creative economy drivers”. The project’s goal is to build up a creative hub (accelerator, incubator and creative space) in Kyiv city, becoming a key location for ecosystem spot of creative and cultural industries development.