CROWDFUNDING SYSTEMS: evaluation and government regulation in the conditions of reengineering

development programs, creating an infrastructure of financial support for entrepreneurship, financial support for individual projects of entrepreneurs, cooperation with Ukrainian, international and foreign financial structures, as well as promoting the attraction of domestic and foreign investment for the development of entrepreneurship in Ukraine. 3. German-Ukrainian Foundation and EU4Business project. It is funded by the EU and provides soft loans to small and medium-sized businesses. Only in 2017, such enterprises received soft loans totaling 237.7 million UAH. 78 small and medium-sized enterprises received loans, and the average amount of one loan was 2.3 million UAH. Agricultural and industrial enterprises received more than 230 million UAH from the fund. The average credit rate offered to small and medium- sized businesses is 14.8%. The fund supports enterprises from the priority sectors of the economy: light industry, animal husbandry and renewable energy. According to the results of a study of consulting companies, more than 30% of entrepreneurs who are representatives of small and medium-sized businesses in Ukraine do not know about the existence of any program to support their business. The Center for Technology and Innovation Support has been launched in Ukraine (with the support of the World Intellectual Property Organization), which will facilitate access to specialized databases of patent and scientific and technical information for representatives of small and medium-sized businesses, industrial enterprises, researchers and scientists in technology centers and institutions of higher education. The activity of such a center is regulated by an order of the Cabinet of Ministers of Ukraine dated 01/17/2018. «On the Beginning of Work on the Creation of a Technology and Innovation Support Center in Ukraine». In Ukraine, there is also an office for attracting and supporting investment, whose activities are focused on ensuring interaction between investors and the state (state and local authorities) during the preparation and implementation of various investment programs and projects. The activity of the office is regulated by an order of the Cabinet of Ministers of Ukraine dated 03/21/2018 «On the Establishment of the State Institution «Office for Attracting and Supporting Investment». Tax instruments for regulating crowdfunding activities, as well as any other type of business, are quite effective when used in a balanced manner. To develop crowdfunding and increase the level of its legalization, it is necessary to develop and implement a stimulating policy that should 108