Forty-seven applicants for the Own Business grant program will receive UAH 21 million from the government to launch or develop their business, bringing the number of veterans who have already received such grants to 454.
This was reported by the Deputy Minister of Economy, Tetiana Berezhna.
“Forty-seven veterans and their spouses were recognized as winners of the fifth wave of the veteran component of the Own Business program this year. The government invests in launching or scaling up their business through grants worth UAH 21 million. In total, 454 veterans and members of their families have already received a positive decision on grants for a total amount of UAH 200 million since the program was conceived,” said Berezhna.
According to the deputy minister, a third of these entrepreneurs will open new companies and others will develop existing businesses. A thousand new jobs will be created in the process.
Among the 47 winners of this year’s fifth wave of grant applications are 27 combatants and 20 family members of veterans. Thirty-seven winners received a grant of up to UAH 500,000 and 10 – up to UAH 250,000.
Most of grant recipients are based in Ivano-Frankivsk, Sumy, Ternopil and Cherkasy regions. The most popular areas in which the recipients plan to develop their business are wholesale and retail trade, temporary accommodation and catering, processing industry, agriculture and other services. (Ukrinform)