Фото: A grant from the state to create or develop one’s own business

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Grytsai Mykola

Head of grants and investment attraction department

Specialist in finding and receiving grants, developing business plans and attracting investments for businesses and public organizations

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A grant from the state to create or develop one’s own business

Reading time: 2 min.

The government supports small and medium-sized businesses, and therefore allocates funds from 50 to 250 thousand hryvnias for the creation or development of their own business, almost any business can receive such assistance - coffee shops, beauty salons, restaurants, farms, gardening, shops and many more other types of business.

Who can get?

  • Any Ukrainian who is not even an entrepreneur yet, but only has an idea to create a business;
  • An active entrepreneur who is already operating, but wants to expand his business;
  • Age from 18 to 65 years.

How much can you get?

  • 50,000 - 150,000 hryvnias - with the mandatory condition of creating at least one workplace;
  • 150,000 - 250,000 hryvnias - with the mandatory condition of employing 2 people.

What can you spend on?

  • Purchase of equipment for business activities. This equipment cannot be sold or transferred to third parties until all obligations under the grant agreement are fulfilled (the entire amount of the grant can be used);
  • Purchase of domestic animals, poultry, plantations, raw materials, goods, seed material, software (no more than half of the grant amount can be used);
  • Renting premises for conducting activities. (no more than 25% of the grant amount can be used);
  • Payment of advertising (no more than 10% of the amount of financial assistance).

Who can not get?

  • If you plan to conduct activities in the territories that are temporarily occupied or in the territory of Russia;
  • If you are under sanctions;
  • If you are in the process of filing bankruptcy;
  • If you are prosecuted for corruption;
  • If you have any debts to the state;
  • If you conduct activities in areas not supported by this program (for example, alcohol production, leasing of movable or immovable property);
  • If you or your closest relatives belong to politically significant persons or are civil servants.

If you have a desire to receive financing for your business, we will be happy to help you in the preparation and submission of an application for this grant, contact us!

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Head of grants and investment attraction department

Specialist in finding and receiving grants, developing business plans and attracting investments for businesses and public organizations

Contact now
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