The first recipients of grants under the state program for the development of entrepreneurship have been determined
26.07.2022 | 11:33Already in the near future, the first 424 entrepreneurs will be able to start or expand their businesses thanks to the state grant program. 98.2 million Ukrainian hryvnias will be transferred to their accounts, which they will be able to spend on purchasing or leasing equipment, renting premises, purchasing feedstock and materials.
Residents of Kyiv will receive the most grants – 101 successful applications. Also, the leaders in the number of positive decisions are entrepreneurs from Kyiv Oblast – 62 applications, Dnipropetrovsk Oblast – 52 applications and Poltava Oblast – 40 applications.
Among the activities, the largest number of grants will be used for the development or establishment of enterprises of wholesale and retail trade as well as repair of motor vehicles – 142. In addition, 127 recipients of the funds plan to launch processing industry enterprises. Another 66 grants will be awarded to economic entities for the establishment or development of their own hotels, campsites, cafes and restaurants.
In total, 5,031 entrepreneurs have already applied for micro-grants through the Diia Portal. All those who successfully pass the stages of selection and get a high score will receive 50 to 250 thousand Ukrainian hryvnias for an existing or new business. Funds can be used for purchasing or leasing equipment, renting premises, purchasing feedstock and materials. A participant must create 1 to 2 jobs and operate for 3 years, paying taxes and fees.
Development of small and medium-sized enterprises, creation of new jobs – are the results we expect from the program in the near future. Micro-grants are a new start and unique opportunities for Ukrainians to make their own contribution to the recovery of the economy and ensure the well-being of our country.
Read also:
-
19.11.2024 | 16:15
| Section for Public and Mass Media Relations
Meeting of Special Representatives for Ukraine’s Recovery from 19 Countries Held in Warsaw
On 14 November, Warsaw hosted a meeting of Special Representatives for Ukraine’s recovery from 19 countries as part of the EU-Ukraine Investment Conference. The Ministry of Economy of Ukraine co-organised this year’s event. The meeting was opened by the Prime Minister of Ukraine, Denys Shmyhal. Attendees included representatives from the Ministry of Economy, the Ministry for Communities and Territories Development, the Ministry of Energy of Ukraine, and Special Representatives for Ukraine’s Recovery from 19 countries, including the USA, the United Kingdom, France, Italy, Canada, Sweden, the Netherlands, as well as the European Union, represented by two Directorates-General — DG GROW and DG NEAR.
-
19.11.2024 | 16:09
| Section for Public and Mass Media Relations
The European Commission approved €4.1 Вillion tranche for Ukraine under the Ukraine Facility
Today, the European Commission approved the second scheduled payment to Ukraine under the EU’s Ukraine Facility initiative, amounting to approximately €4.1 billion. This mechanism supports Ukraine in maintaining macro-financial stability and ensuring the effective functioning of state institutions. The final decision on the disbursement now rests with the EU Council, and the funds are expected to be transferred to Ukraine’s budget by the end of the year, bringing the total financing for 2024 to €16.1 billion.
-
19.11.2024 | 15:49
| Section for Public and Mass Media Relations
Yuliia Svyrydenko Meets with IMF Mission: Discussed Strengthening Economic Resilience and Future Cooperation
First Deputy Prime Minister and Minister of Economy of Ukraine, Yuliia Svyrydenko, held a meeting with the International Monetary Fund (IMF) mission, which commenced work in Kyiv for the sixth review of the Extended Fund Facility (EFF) programme. The discussions focused on progress in meeting the indicators of the Ukraine Plan under the Ukraine Facility financing programme, key economic projections for 2025, a new financing model for the eOselia programme, and labour market reforms. -
19.11.2024 | 15:40
| Section for Public and Mass Media Relations
DFC, AON, and ARX Sign Agreement on War Risk Reinsurance
During the EU-Ukraine Investment Conference, the US International Development Finance Corporation (DFC), in collaboration with international insurance and reinsurance broker AON and Ukrainian insurance company ARX, signed an agreement to launch a war risk reinsurance mechanism.
-
19.11.2024 | 15:32
| Section for Public and Mass Media Relations
Ministry of Economy Developing Approach to Restoring Land in De-Occupied Territories
The Ministry of Economy has taken the lead in forming a working group to establish a soil analysis system for areas affected by military operations and to develop recommendations for farmers working on such lands. This was announced by Deputy Minister of Economy of Ukraine, Ihor Bezkaravainyi, during the “Territory Clearance: Soil and Infrastructure Restoration” Forum.