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Finance and Banking; Taxation, Accounting and Auditing

June 19, 2026; Cambridge, UK: X International Scientific and Practical Conference «EDUCATION AND SCIENCE OF TODAY: INTERSECTORAL ISSUES AND DEVELOPMENT OF SCIENCES»


FINANCIAL DE-RISKING MECHANISMS FOR INNOVATIVE PROJECTS IN STRATEGIC SECTORS: SYNERGY OF THE INSTITUTE OF STATE INNOVATION SUPPORT AND E-HRYVNIA


DOI
https://doi.org/10.36074/logos-19.06.2026.003
Published
30.06.2026

Abstract

This article substantiates the concept of financial and digital de-risking of innovative projects in Ukraine's strategic sectors through the synergy of two original mechanisms. The Institute of State Innovation Support (IDIS) is the central financial mechanism: a revolving fund with standardised verified packages and a differentiated guarantee deposit reduces the cost of capital, raises the IRR of a typical project from 8–12% to 14–18%, and delivers a financial multiplier of 3–5x. The e-hryvnia/CBDC serves as the auxiliary trust-building mechanism: oracle verification of results and real-time donor access to the DLT registry further reduce the risk premium by 2–4 percentage points, raising the multiplier to 5–8x. A comparative analysis with Innovate UK, EIC Accelerator, ARPA-E and Fraunhofer Venture confirms the uniqueness of IDIS as a self-sustaining de-risking mechanism compatible with EU State Aid rules.

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