Investment and innovation support tools region in conditions of decentralization change

The article reveals the preconditions for increasing the investment and innovation support of the region in the conditions of decentralization changes. Based on the analysis of the best practices of Ukrainian cities in increasing the investment and innovation support of the region's development, the languages of increasing the regions' resource base of investments in the conditions of decentralization are singled out. In particular, the global conditions include: the relevance of legislation on investment activities and legal liability for their violation; mutual responsibility of the subjects involved in the investment process; observance of the rights and freedoms of the investor, expansion of forms of mixed financing of investment projects, etc. Attracting a sufficient amount of investment for the development of the innovation sphere of the territory involves a number of steps: the creation of territorial agencies of economic development; territory benchmarking; development of an investment passport, investment web portal of the region, standard procedures for working with investors, etc. Development of investment portals of territories with interactive online maps of investment objects and territorial strategy of investment attraction; accounting and analysis of potential objects for investment, human potential, logistics and related business in the region; identification of priority areas in the region for investment. The main elements of the investment system at the local level are presented. It is noted that this system includes: investment by individuals / legal entities based on collective ownership; state and local investment; state support for the implementation of local projects; foreign and joint investment. The study of investment and innovation support of the region in the conditions of decentralization changes allowed to form the criteria of investment attractiveness of united communities. In particular, these are: readiness of the territory for the investment process; no problems with ownership of the object of investment; to popularize investment advantages of the territory, which are peculiar only to it; transparent legal status of the territory; demonstrate positive economic changes in the region; consistency of investments that are attracted to the community. The participation of the state in financing projects, including innovative ones, is of great importance for the intensification of investment processes in Ukraine. Currently, the share of funding from budgets of different levels is insignificant, due to lack of resource base. Unequivocally, this situation has negative consequences for the development of scientific and innovative activities, so the author presents a systematization of the instrumental base of investment and innovation support of territories in the conditions of decentralization