This year’s winners of the Vlasna Sprava (Own Business) grant program will receive more than UAH 1 billion in grant funds from the state for business start-up and development and will create 10,000 new jobs. This was announced by Tetiana Berezhna, Deputy Minister of Economy of Ukraine.
“According to the results of the fifteenth wave of applications for micro-grants, 310 Ukrainians were recognized as winners, who will receive UAH 74 million to start or expand their business. From the beginning of 2023, we already have 4,354 winners, to whom the state will provide financial support of over UAH 1 billion. In the process of implementing their business projects, these grant recipients will create 10,000 new jobs. In total, since the beginning of the Vlasna Sprava (Own Business) program, the state has invested UAH 1.6 billion through grants in the development of small and medium-sized businesses,” Tetiana Berezhna said.
63% of the recipients of the fifteenth wave of microgrants are women and 37% are men. More than 80% of them have higher education. The largest number of grantees are from Lviv (44), Rivne (35), Kyiv (21), Vinnytsia (20) oblasts and Kyiv city (28). The vast majority of grant recipients plan to spend the micro-grant funds on the purchase of equipment necessary for running a business.
The most popular areas in which the winners of the fifteenth wave will work are:
We remind that, under the Vlasna Sprava (Own Business) grant program, Ukrainians may receive a micro-grant from UAH 50 to 250 thousand. The funds may be spent on the purchase or leasing of equipment, the purchase of raw materials and materials, and the rental of premises. Both an active entrepreneur and a person without experience in such activity may receive a microgrant. A mandatory condition for providing funds is the creation of 1-2 jobs, depending on the amount of the grant. Ukrainians who received micro-grants in 2022 will create about 8,000 new jobs.
This year, the budget provides for UAH 1.8 billion for the Vlasna Sprava (Own Business) program, which will allow issuing about 10,000 micro-grants.
The Government eRobota project includes grant programs aimed at stimulating entrepreneurial activity and job creation. In particular, these are micro-grant programs for starting or developing one’s own business, grants for the creation and development of processing enterprises, planting a garden and viticulture, and greenhouse farming. Application for all areas of the eRobota program is carried out through the Diya portal.