Background

The business-award foundation is registered in Austria and Ukraine. Its activity is aimed at supporting private and public enterprises of Eastern Europe, especially of Ukraine in their development of cooperations and internationalization.
 

Initially founded in 2003 by Diaspora Ukrainians and international entrepreneurs in Vienna, in 2005, the business-award foundation managed to secure the international groups „ERSTE BANK“ and „VIENNA INSURANCE GROUP“ as sponsors.
 

Due to the enormous need of entrepreneurial support and guidance, we started to build up our network as a pilot phase in 2003 and 2004, initially limited to several regions of Western Ukraine, cooperating with companies and other multipliers.
 

Currently, the business-award foundation is present in all regions of the country. It has signed Cooperation Agreements with most regional administrations. As key speakers at numerous international forums, we contributed to a better understanding and acceptance of entrepreneurship and international cooperations.

In the meantime we have been working in all regions of Ukraine with companies interested in cooperation, and have been giving lectures at the relevant universities.
 

The business-award foundation, as well as the economic development of Ukraine, became independent of political changes in the country and is a commonly acknowledged initiative for enterprises, economic cooperations and internationalization.