The draft Law No. 4236 “On Amending Certain Laws of Ukraine to Step Up the Activities of Scientific Parks” specifies the legal status of scientific parks, their organizational and legal form, outlines their tasks and goals.
The draft Law No. 4236 provides for:
- the autonomy of institutes of higher education and scientific institutions in respect of creating SPs, providing premises on lease terms similar to budget institutions and for foreign/private institutions – transfer assets to the authorized capital of a SP;
- the right of the SPs to establish areas of activity independently, without the approval of the Ministry of Education and Science;
- establishes that in case of withdrawal from the list of founders of a higher education institute and/or scientific institution with the participation of which an SP was created the SP must be liquidated;
- adds grants, credits, and repayable financial aid to the list of SPs’ sources of financing.