Grants for women entrepreneurs 2023

In the modern world, women play an increasingly active role in entrepreneurship and business. Despite this, it is often difficult for them to get the necessary financial support for the development of their enterprises. That is why in 2023 new programs and grants aimed at providing financial assistance to women entrepreneurs were announced. In this article, we will consider the types of grant programs for women entrepreneurs in 2023.

What grant programs exist for women entrepreneurs in 2023?

As of June 2023, the following types of grant programs for women entrepreneurs exist in Ukraine:

• Free online course on IT entrepreneurship for women from public organization "Evolv". Designed to provide useful skills and information in starting your own business;
• The program "Competitive Economy of Ukraine", implemented with the support of USAID, provides opportunities for obtaining grants for the development of small and medium-sized family and women's enterprises. Intended for financial support of Ukrainian small and medium-sized family and women's enterprises - producers of goods and services;
• Grants for war-affected micro and small enterprises within the framework of the grant program of the International Organization for Migration (IOM). The main goal of the grant program is to help restore the economy of Ukraine by creating new jobs and supporting production;
• Grant support for consulting projects for small and medium-sized businesses of the European Bank for Reconstruction and Development. Grant support is aimed at strengthening economic growth by creating more favorable conditions for the development of enterprises and increasing their competitiveness;
• Grants from the international humanitarian organization Mercy Corps for small and medium-sized farming enterprises that have suffered the consequences of the war in the Poltava, Sumy and Chernihiv regions can receive financial assistance in the amount of 40,000 US dollars. This grant is intended to help enterprises overcome the consequences of the war and support their recovery and development.

What documents must be submitted to receive a grant?

Depending on the specifics of the grant program, there are different documents that should be submitted for its receipt. However, the standardized list of documents includes:

1. Grant application. This is an official document in which you outline your motivations, goals and plans for using the grant. The application can be filled out electronically or on paper.
2. Business plan or project description of grant goals. This document contains a detailed description of your business, project or idea, including the goal, strategy, work schedule, forecast financial indicators, etc. It demonstrates your understanding of the project and its potential success.
3. Budget. Information about the financial needs of the project, including planned income and expenses. The budget should be realistic and reflect the effective use of the grant.
4. Financial reports. Usually, it is necessary to provide financial statements for the previous year or period of the enterprise's activity. This may include a profit and loss statement, cash balance, cash flow statement, etc.
5. Organization registration documents. For example, the charter or certificate of registration of your company or organization.
6. Resume or portfolio. Information about your professional activities, experience, skills and achievements, confirming your qualifications and ability to successfully complete the project.
7. Letters of recommendation: Letters from partners, clients or other persons who can confirm your professional reputation and ability to achieve results in the grant program.
8. Other documents: Depending on the specific requirements of the grant program, additional documents may be required, such as a passport, permits, certificates, etc.

If you need help in obtaining grants for women entrepreneurs in 2023, contact the law firm "Prykhodko and Partners". Our qualified lawyers have many years of experience working with grant programs. We understand the complexity of the process of obtaining a grant and all the necessary steps that must be taken for a successful application. Our goal is to help you get the necessary grant for the development of your enterprise.

Contact us, and we will gladly provide you with individual support and professional advice at every stage of obtaining a grant.