Over the year and a half since the launch of the Government’s eRobota grant programme, the state has invested UAH 6.5 billion in small and medium-sized business development through grants. More than 11,000 Ukrainians have already received grants to start or expand their businesses. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine.
“More than 11,000 Ukrainians have already received financial support from the state in the form of grants to start or expand their business under the eRobota initiative. In total, the state has invested UAH 6.5 billion in entrepreneurship development through grants over the past year and a half. Thousands of new small and medium-sized companies have been established, while existing ones have managed to increase production volumes, master new areas and launch new types of products. In addition, it is also more than 35,000 new jobs for our citizens. In 2024, we are significantly increasing the amount of funding for grant programmes for business development – we have allocated about UAH 9 billion for this purpose,” said Yuliia Svyrydenko.
In total, since the launch of the eRobota project in July 2022, 10,049 microgrants worth UAH 2.4 billion have been issued under the “Own Business” programme, 660 grants worth UAH 3.3 billion – for the development of processing enterprises, 157 grants totalling UAH 706 million – for gardening and greenhouse development and 171 grants worth UAH 65 million – to veterans and their families.
Both existing entrepreneurs and people with no business experience can apply for a grant. Applications are submitted through the Diia portal along with a business plan. A prerequisite for receiving a grant is the creation of new jobs – from 1-2 in the case of a microgrant to several dozen in the case of grants under other programmes. The grant funds are returned to the state in the form of taxes and fees paid in the course of the company’s operations over three years.
The eRobota initiative was launched by the Government in July 2022 to support businesses and stimulate job creation. It includes several grant programmes. These cover micro-grant programmes for starting or developing a business, grants for the creation and development of processing plants and the laying of orchards, viticulture and greenhouses. (Government portal/Business World Magazine)
