This is a weekly digest of news about investment and business development in Ukraine from the UkraineInvest team

This is a weekly digest of news about investment and business development in Ukraine from the UkraineInvest team

The Cabinet of Ministers of Ukraine has published an updated methodology for calculating state support for investment projects involving significant investments.
The document stipulates that the total amount of state support stipulated in a special investment agreement should not exceed 30% of the planned amount of significant investments in an investment project.

British International Investment funding for the private sector will be available from April – Ministry of Economy of Ukraine.
BII has announced an overall limit of up to £250 million for private sector financing in Ukraine. These funds will be made available through the Co-Investment Platform, involving partner financial institutions in Ukraine.

The SMART TECH INDUSTRY industrial park in the Poltava region has been entered into the register of industrial parks.
According to the memorandum signed with American investors, the company plans to invest USD 7 million in the park’s infrastructure. USD 7 million will be invested in the park’s infrastructure and USD 20 million in the construction of its facilities.

A German investor buys an amber deposit in the Rivne Region.
A licence to mine amber in the Kryuchkova area of almost 40 hectares was purchased by Polissia Nature Resource LLC for 3.48 million UAH.

A cold storage logistics terminal is being designed in Novovolynsk in the NOVO industrial park.
The area of the cold storage logistics terminal, which will also handle cargo, will be 23,300 sq m. The estimated cost of construction and commissioning of the entire project is 25 million euros.

Brave1 has allocated USD 3 million to defence innovation.
The cluster has funded 173 grants to develop technologies that strengthen the military.

EU4Business provides grants of EUR 15,000 to support businesses.
The selection of projects for the Ministry of Digital Transformation and EU4Business grant programme has begun. Participants will receive funds to restore and develop their businesses. The total amount is EUR 300,000, with each grant of up to EUR 15,000.

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