Creative Hub

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.

General information

Industries:

Design, 3D, movie, sound, urban, fashion, architecture, photo, industrial arts, arts

Location:

Unit City, Kyiv

Project’s duration:

3 years

Project’s budget:

EUR  1 790 000

Project stages and events:

І stage: Preparation (1-12 months of the project)

1. Reconstruction and preparation of the location
2. Incubation program completion
3. Acceleration program completion
4. Completion of the equipment list and their purchase

II stage: Incubation and acceleration part (13-36 months of the project)

5. Incubation program for 30 companies
6. Acceleration program for 30 companies

IIІ stage: Promotionofthebestpractices, achievements and reporting

(13-36months of the project) 

7. Conduction of 2 creative industries conferences
8. Experience and best practices exchange
9. Reporting and PR activities

Budget division:

• 600 000 EUR – reconstruction and preparation of the location
• 360 000 EUR – incubation / acceleration program, Creative SMEs School
• 50 000EUR – revolving grant fund
• 500 000 EUR – equipment
• 70 000EUR – 2 creative industries conferences
• 100 000 EUR – PR activities
• 110 000EUR – project management

Results:

• “Сreative Hub” was build up and launched – 2000 – 3000 m2 (capacity 60 residents)
• 30 residents, who have finished the incubation program
• 30 residents, who have finished the acceleration program
• At least 20 new creative enterprises were incorporated
• Revolving grant fund
• 300 new working places

When the project financing is completed “Creative Hub” will continue its activities on commercial basis. In addition, there will be a continuous fundraising from donor’s community.