Since the beginning of 2023, 1,232 Ukrainians have been awarded microgrants under the Vlasna Sprava program and will receive state grants to start or develop their businesses worth almost UAH 300 million. This was reported by Deputy Minister of Economy of Ukraine Tetiana Berezhna.
“Following the fifth wave of applications for microgrants this year, 326 Ukrainians have been selected as winners and will receive UAH 77 million in state financial support to start or develop their own businesses. Since the beginning of the year, a total of 1,232 entrepreneurs will receive microgrants worth almost UAH 300 million to develop their own businesses according to the results of five waves of applications. Dozens of new companies will be established, while existing ones will increase their capacities or open new production lines, and more than 2,600 people will be employed in the newly created jobs,” said Tetiana Berezhna.
Among the recipients of the fifth wave of microgrants, 52% are women and 48% are men, and 80% of the winners have higher education. Most of them are from Lviv (46 people), Kyiv (32 people), Rivne (30 people), Vinnytsia (22 people), Ternopil (21 people) oblasts and the city of Kyiv (43 people).
All 326 winners of the fifth wave have experience of entrepreneurship. The overwhelming majority of these entrepreneurs plan to use the microgrant funds to purchase equipment they need to run their businesses.
The most popular sectors in which the grantees will operate are:
- wholesale and retail trade, repair of vehicles – 94 people;
- temporary accommodation and catering – 61 people;
- processing industry – 47 people.
As a reminder, Ukrainians can receive a microgrant of UAH 50,000 to UAH 250,000 under the Vlasna Sprava grant program. The funds can be used to buy or lease equipment, purchase raw materials and supplies as well as rent premises. Both existing entrepreneurs and people with no experience can receive a microgrant. A prerequisite for receiving funds is the creation of 1-2 jobs. Ukrainians, who have received microgrants in 2022, will create about 8,000 new jobs.
This year, the budget provides for UAH 1.8 billion for the Vlasna Sprava program, which will allow issuing about 10,000 microgrants.
The Government’s eRobota project includes grant programs aimed at encouraging entrepreneurship and job creation. Moreover, these include micro-grant programs for starting or developing a business, grants for establishing and developing processing enterprises, planting a garden, establishing viticulture and greenhouse facilities. Applications for all components of the eRobota program can be submitted via the Diia portal.