Under the EU4Business program, funded by the European Union and the German government, Ukrainian micro, small and medium-sized enterprises (MSMEs) with export potential and innovative capabilities can receive 100 grants of up to €10,000 each for recovery, development, and sustainability. This is the second wave of support for Ukrainian businesses from the EU and Germany within the framework of a grant competition for 100 MSMEs since the beginning of 2024.
"Supporting and stimulating the development of Ukrainian entrepreneurship is one of the priorities for our Government. Indeed, now, during the war, it is the business activity that invigorates the economy of Ukraine most and allows us as the Government to meet the country's defense needs, which we finance at the expense of taxes paid by national business. Domestic enterprises have been operating in the face of constant rocket attacks, blackouts, supply chains disruption and a human resources deficit. That is why we are grateful to our partners for their grant support of the Ukrainian entrepreneurs, which enables SMEs to develop, modernize their production and thus - increase export potential," commented Nadiya Bigun, Deputy Minister of Economy of Ukraine.
You can apply for a grant through this website - http://100grants4smes.net.ua from February 28 to March 24, 2024. The data is collected and processed by NGO EasyBusiness.
MSMEs operating in the following sectors are invited to apply for a grant:
- Processing (machine building, furniture, food, and light industry, etc.).
- Creative industries.
- Logistics and transportation.
- Other sectors possessing export or innovation potential (e.g., educational, and medical services).
For more information
The planned grant competition will contribute to the realization of the goals of the Government initiative #eRobota under the auspices of the Ministry of Economy of Ukraine.
The grant competition is administered under the international cooperation program EU4Business: SME Recovery, Competitiveness and Internationalization, funded by the European Union and the German government. The program aims to support Ukraine's economic resilience, recovery and growth, create better conditions for the development of Ukrainian small and medium-sized enterprises (SMEs) as well as support innovation and exports. Read more: www.eu4business.org.ua
The strategic implementer of the EU4Business program is the German federal company “Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH”. The partner for implementation of this specific grant competition is EasyBusiness NGO.
The content of this publication is the sole responsibility of EasyBusiness and does not necessarily reflect the position of the European Union, the German Government, or GIZ.