Kyiv authorities work with American investor to open a free co-working space for startups

By The Kyiv Post / October 1, 2014

Kyiv City State Administration is working with Igor Shoifot, chairman of Ukrainian Happy Farm incubator and the U.S. representative of TMT Investments, to open a co-working space in Kyiv, where startup teams will be able to work on their projects free of charge. Existing spaces in the Ukrainian capital charge anywhere from $70 to $200 per desk per month.

“Startups mostly happen not thanks to investors or rich people, but young guys who can’t even pay for a co-working space. Therefore they have to work from home, but projects worked on from apartments don’t survive. Silicon Valley’s concept of startups made in a garage is there for a good reason,” Shoifot told the Kyiv Post.

Topics: International, Kyiv, News, People, Policy making, Regions, Startups, Ukraine-USA

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Launched in 1995, Kyiv Post is Ukraine’s leading English-language newspaper, produced by a team of Western and Ukrainian journalists. Over the years, the weekly newspaper has led the charge for a free press in Ukraine, and has played roles in the Georgiy Gongadze scandal, the Orange Revolution and other significant Ukrainian events. The Kyiv Post’s IT coverage is sponsored by Looksery, Ciklum, Steltec Capital and SoftServe. The content is independent of the donors.

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