The event takes place in the context of the High Level Industrial Dialogue between the EU and Ukraine. The significance of a Cluster Policy and Matchmaking Event is high, because it is timely following the enforcement of the Ukraine–European Union Association Agreement. Up to Eurostat, in the first half of 2017, the agreement has already resulted in 23% growth in trade on both sides. Venture Capital Investment in Ukraine has increased 231% in 2017 compared to 2016, reaching a volume of € 216 million in 2017.
The application process is still open to clusters and business organisations until the 23rd of February 2018.