Ukraine has invested UAH 8.5 billion in entrepreneurship through grants over the two years of the eRobota project

Ukraine has invested UAH 8.5 billion in entrepreneurship through grants over the two years of the eRobota project

Since the launch of the eRobota project in July 2022:

– 16,490 micro-grants worth UAH 3.9 billion have been awarded under the “Own Business” programme;

– for the development of processing enterprises – 672 grants for UAH 3.4 billion;

– 211 grants for the development of horticulture and greenhouses – UAH 925 million;

– veterans and their families – 634 grants worth UAH 283 million.

More than 18,000 entrepreneurs have received grants to start or develop their businesses under the government project.  

“With government support, thousands of new businesses have been opened and existing ones have been given the opportunity to grow, increase production and enter new markets. They are working, paying taxes, creating jobs – more than 55,000 new jobs in various industries will be created by grant recipients,” said Yulia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy.

Both existing entrepreneurs and people with no business experience can apply for a grant. Applications are submitted via the Diia portal, together with a business plan. The condition for receiving a grant is the creation of new jobs – from 1-2 in the case of a micro-grant to several dozen in the case of grants under other programmes. Grant funds are returned to the government in the form of taxes and fees paid by the business over a three-year period. 

As a reminder, the eRobota project was launched by the government in July 2022 to support businesses and stimulate job creation. It includes several grant schemes. These include micro-grants for starting or developing a business, grants for veterans and their spouses, grants for starting and developing processing enterprises, and grants for planting a garden, viticulture and greenhouse.

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