Promprylad.Renovation is an innovation center on the territory of the revitalized plant in Ivano-Frankivsk. It is focused on four areas of regional development: the new economy, urban planning, contemporary art, and education.
The project implements impact investment: Investors fund the development of the region and receive a return on investment in the form of dividends at the same time.
The main objective of the project is to reboot the city and eventually the whole region, moving it from a post-Soviet context into modern sustainable development. It aims to create opportunities for the development of local talents so that they do not leave the city as well as attract new people and become an example for the reсreation of this model in other cities with similar conditions.
The Promprylad.Renovation business model envisages that 70% of the project belongs to…
