Since the beginning of 2023, 61 processing enterprises have received development grants from the state totaling UAH 282 million, Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy, has announced.
“The development of processing is a strategic goal of the Government, and we are investing in this area to produce and export more finished products with a higher share of added value. Through the eRobota grant programmes, we provide financial support to processing companies to boost the industry. Since the beginning of this year, 61 processing companies have received grants from the state totaling UAH 282 million. By expanding their business, entrepreneurs will create about 900 new jobs,” said Yuliia Svyrydenko.
Under the New Level grant programme for processing companies, entrepreneurs can receive a grant of up to UAH 8 million for business development. A prerequisite for receiving the funds is that the grant recipient must create new jobs, in particular, they must create at least 25 jobs.
In 2022, 178 entrepreneurs received grants for the development of processing enterprises worth almost UAH 1 billion. (Government portal/Business World Magazine)