The article discusses how venture capital can help fund innovative projects in the economy. It explains the basics of venture financing, its forms, and its impact on supporting new ideas. The research looks at how venture capital is used around the world and how it could benefit Ukraine. It also identifies risks involved in venture financing and suggests ways to minimize them. The study shows that venture financing can be highly effective for new innovative businesses and recommends creating a supportive environment for venture investments to boost innovation in Ukraine.