Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest

Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest

The Government of Ukraine has approved a new procedure for providing state incentives for the creation and operation of industrial parks.
It provides for the allocation of funds for the construction of engineering and transport infrastructure facilities necessary for the creation and operation of industrial parks, as well as compensation for connection to engineering and transport networks.
http://surl.li/ugcjg

The Export Credit Agency of Ukraine has started accepting applications for insurance of direct investments and investment loans for banks against military and political risks.
It is now possible to insure direct investments and dividends if they are export-related.
https://t.ly/fUdm8

Austria provides EUR 500 million for export and investment insurance in Ukraine through OeKB over five years.
From mid-May, the Austrian Ministry of Finance and the Austrian export credit agency OeKB (Oesterreichische Kontrollbank Aktiengesellschaft) will start accepting applications for export and investment insurance in Ukraine from a special fund for Ukraine established by the Ministry of Finance in OeKB through the Budget Act.
https://t.ly/-Dj8L

Since the start of the full-scale war, Ukraine has attracted more than USD 85 billion in external financing.
In 2024, Ukraine has already received USD 880 million from the IMF and is expected to receive a further USD 4.5 billion in budget support. The European Union also plans to provide EUR 16 billion this year under the Ukraine Facility. In addition, work is underway with the United States to obtain about USD 8 billion in budget support.
https://t.ly/AwwFB

USAID’s Sustainable Cities Investment Project is now accepting grant applications to increase funding for SMEs in Ukraine.
The total amount of the programme is USD 25 million. Private sector financial partners, including banks, non-bank financial institutions, consulting companies, investment funds, fintech companies, input suppliers, and other intermediaries legally registered in Ukraine, are invited to apply for the programme.
http://surl.li/ugcui

The EBRD is investing EUR 300 million to support Ukraine’s energy sector.
State-owned energy companies will be able to use the funds to restore generating capacity and infrastructure.
https://rb.gy/csihtl

Ukrainian AI startup Portal.ai has raised USD 5 million in investment.
The investment was raised from StratMinds VC, AGI House Ventures, Rocky Yu, BBQ Capital, Nemke Kostic, Patel Family Office, Amanda Schloss Family Office, and Broocknell Ventures.
http://surl.li/uhlzn

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