The Institute of Regional Development (NGO) was established in 2002 to promote a regional policy of sustainable social and economic development and to establish favorable investment climate.

The Institute conducts research and analysis on the progress of social and economic development in the region and monitors social and economic conditions at the macro and regional levels.

The Institute actively participates in drafting regulatory legal acts, conducting public meetings to discuss issues of government regulation, and prepares proposals for improving state government.

The Institute contributes to the proposal process and implementation of strategic development for the region with a focus on certain cities of interest, the development of marketing campaigns for cities and enterprises, the creation of promotional web portals, the realisation of activities that increase tourism interest in the region, and implementation of international standards for tourist service;

The Institute organizes training programs for managers, professionals, and entrepreneurs of small and medium businesses and professionals of government bodies, and it arranges and conducts trainings, seminars, conferences and forums.

The Institute involves the best specialists of the region, from different cities throughout Ukraine, and foreign experts in the realization of projects.