The necessity to form systems for enterprise innovation development on a basis of inner and outer elements is substantiated. The innovation activity of “UK BMP” Co is analyzed. The tendencies in production activities of the enterprise are considered. The level of the information support of enterprise functioning, the organization of enterprise management, effective-ness and amount of “UK BMP” Co innovation activity financing are analyzed. As a factor affecting innovation activities is considered the environment of enterprise functioning. On a basis of the analysis carried out the factors having an influence upon the effectiveness of development and introduction of innovation projects in “UK BMP” Co are revealed. The influence of these factors upon an innovation cycle at the enterprise is shown. According to the results of the estimation of their influence there are given recommendations for innovation activity improvement.