Lviv IT Jazz 2019: IT Park Construction Start and First Investor Club in Lviv

24 Jun, 2019

On June 28, Lviv traditionally becomes the epicenter of legendary jazz music and a place where government officials, key IT industry representatives, investors, and international experts gather at Lviv IT Jazz. During the annual business conference, attendees will discuss important economic topics and launch global projects while enjoying the informal atmosphere of the jazz festival. This year, attendees will have a chance to learn everything about the start of construction of the Innovation District IT Park. In addition, a unique for Ukraine investor club Lviv Tech Angels will be presented during the event.  

New IT Park design and first future residents

Last year during the conference, Lviv IT Cluster together with investors had officially hosted the groundbreaking ceremony of the largest infrastructure project in Lviv – Innovation District IT Park. In 2019, the official signing agreements with future residents of IT Park – key local  IT companies in Lviv, including SoftServe, Intellias, N-iX, Perfectial, GlobalLogic, etc. will take place. The agreements will be signed between companies and one of the investors and developers of the project, the investment and development company Galereja Centre.

The signing of lease agreements is a 100% guarantee that the construction of the IT Park will begin this autumn. The first stage of construction is expected to be completed by the end of 2021. It will include six 8-story office buildings, an 18-story business center and a separate complex of computer labs of 2000 sq. m, a multifunctional center with food courts, a gym, an entertainment and shopping area. The new design of Innovation District IT Park, which has become even more modern and refined, will be publicly presented at Lviv IT Jazz.

Last year the project attracted $ 180 million of international investments. The investors of Innovation District IT Park are Galereja Centre, Brookfield & Partners, and Horizon Capital.

The first investor club in Lviv

Attendees of the conference are waiting for another important event, which will definitely affect the life of Lviv citizens – the presentation of the new Lviv IT Cluster project – Lviv Tech Angels. It is the first startup investment fund in the region, which aims to encourage the development of tech businesses in Lviv and Ukraine, create favorable conditions for product companies to grow and build a powerful startup culture in the country.

Lviv Tech Angels is another opportunity for Lviv to become a startup hub, recognizable at the national and global level, attractive for talented entrepreneurs and successful business ideas. The club of investors will include executives of Lviv IT companies, and will select the best Ukrainian startups for investment, mentoring, and consultations.

The initiators of the project are Michael Puzrakov, Co-Founder and COO at Intellias, Volodymyr Chirva, Co-Founder at Sigma Software and Andrew Pavliv, CEO at N-iX.

In addition, the attendees of Lviv IT Jazz will be able to listen to insightful panel discussions with  Pavlo Sheremeta, Founder of the project and a Supervisory Board Member of Raiffeisen Bank Aval; Daniel Bilak, Head of UkraineInvest, Advisor to the Prime Minister of Ukraine for Investments; Marina Petrov, Deputy Head of the EBRD in Ukraine; Andrew Nosok, Managing Director at Dragon Capital, etc.

The program of the conference is here.

Lviv IT Cluster is happy to invite journalists and media representatives to the official presentation of the Innovation District IT Park and the signing of contracts with IT companies at 12:00, as well as to the presentation of the Lviv Tech Angels investor club at 13:00 at Lem Station (Vitovskoho St. 57).

Click here for media accreditation.