State grants for business

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Hrytsai 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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State grants for business

Reading time: 3 min.

In connection with active hostilities throughout the territory of Ukraine, which have been going on for more than two years, a large number of citizens were forced to close their businesses. It certainly hurt the overall economic development of the country.

Therefore, to support existing enterprises, the state government program "Yerobota" was developed, which has gained wide application among our compatriots.

However, not every person knows what grants can be received from the state. What is the relevance of the chosen topic? In this informative article, we will talk about what government grants are available for business.

Why are state grants for business popular in Ukraine?

Attracting additional investment for entrepreneurial activity is the key aspect that pursues any person because everyone wants their own business to be successful in practice and bring constant profit.

Therefore, citizens usually use grant support to develop an existing enterprise. The launch of the government program "Yerobot" in 2022 gave Ukrainians an impetus to use not only significant help from the state but also to create jobs to support the country's economy and constantly fill the state budget through tax payments.

Therefore, even today, this program is very popular among Ukrainians.

  What are the government grants for business in 2024?

In total, five main programs for business from the state can be identified, namely:

  • Grant program for starting your own business- provides financing from UAH 50,000 to UAH 250,000. Citizens who are just planning to create their enterprise, active individual entrepreneurs, and legal entities can participate in this program on a competitive basis;
  • Grant program for the garden- provides for receiving financing for UAH 140,000 to 400,000 per hectare, but under the condition that the assistance will not exceed 70% of the cost of the project itself. Only non-profit organizations and legal entities can participate in this program on a competitive basis;
  • Greenhouse grant program- provides financing in the amount of 2 million to 7 million UAH, depending on the total area of ​​construction of the greenhouse. The minimum area is 0.4 ha, and the maximum is 2.4 ha. Only non-profit organizations and legal entities can participate in this program on a competitive basis;
  • Grant program for a processing enterprise- provides for the receipt of financing in the amount of up to UAH 8 million, but at the same time, the grantee will need to create at least 25 new jobs. Citizens who are just planning to create their own processing enterprise, active individual entrepreneur, and legal entities can participate on a competitive basis in this program;
  • Grant program for veterans and their family members- provides funding in the amount of 250 thousand to 1 million hryvnias. Citizens who directly participated in hostilities were disabled as a result of the war, as well as their official husbands and wives can take part in this program on a competitive basis.

Independently obtaining a state grant for a business is not an easy task, because it requires sufficient legal knowledge regarding the correct submission of documents.

Therefore, to solve such a situation in practice, you should contact professional lawyers from the Prikhodko and Partners law office.

Our specialists will help the company's clients to successfully obtain cash financing under any pre-selected grant program because we fully understand this issue. Get in touch!

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