The first investment project has been evaluated and received a feasibility report from the Ministry of Economy of Ukraine.
A special investment agreement is being prepared and the procedure for its approval will begin shortly. The projects will be supported by UkraineInvest.
http://surl.li/mtgoip
UkraineInvest, in cooperation with the Ministry of Environmental Protection and Natural Resources of Ukraine, will participate in attracting and supporting investment projects with significant investments in the construction of waste treatment plants in the Kyiv, Ivano-Frankivsk and Zakarpattia regions.
The parties strengthened the relevant agreements by signing a Memorandum of Cooperation. According to preliminary estimates, the creation of a network of waste treatment plants in Ukraine will involve investments in excess of EUR 4-5 billion, while the implementation of the Water Framework Directive and the implementation of all planned measures over the next six years will involve an additional EUR 8 billion.
http://surl.li/zgtxkc
The International Monetary Fund (IMF) has disbursed a USD 2.2 billion tranche to Ukraine under the USD 16 billion Extended Fund Facility (EFF).
To receive this tranche, Ukraine has done its homework and successfully passed the fourth review of its programme.
http://surl.li/nokaaz
UkraineInvest has prepared an action plan for the establishment of an investment partnership between Ukraine and Spain within the framework of the Joint Ukrainian-Spanish Intergovernmental Commission on Economic and Industrial Cooperation.
During the meeting, the Spanish side confirmed that it will expand its support to Ukraine by providing access to Spanish state funds for reconstruction, including EUR 50 million in partnership with the IFC to support the Ukrainian private sector, in particular small and medium-sized enterprises, and an additional EUR 1 million in grants.
http://surl.li/uyweej
Ukrainian startup Bluedot has raised USD 600,000 in investment at a valuation of USD 5 million.
Investors include Ukraine’s United Angels Network. Bluedot is an AI-powered Google Chrome extension for creating Google Meet meeting notes. The startup’s customers include The New York Times, Etsy, UserTesting, SalesForce and others.
http://surl.li/skgccx
USAID has announced a war risk insurance programme for small and medium-sized enterprises.
The grants will be used to reduce the cost of insurance products for end-users. The total budget for the grant programme is USD 1 million. The aim of the grant programme is to develop the Ukrainian insurance market and increase the resilience of MSMEs to war risks through the use of innovative insurance products. These products will help businesses reduce the risks associated with implementing investment projects. First and foremost, we are talking about the risks associated with loss or damage to property as a result of russian aggression. This will help MSMEs attract additional funding, create new jobs and increase sales.
http://surl.li/apchej
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