Since the launch of the Vlasna Sprava (Own Business) programme, 15,600 Ukrainians have become winners and will receive microgrants from the state to start or develop their businesses totalling UAH 3.7 billion. The winners of the sixth wave of the programme this year are 573 Ukrainians who will receive UAH 136 million to develop their business. This was announced by Deputy Minister of Economy of Ukraine Tetiana Berezhna.
“Since the launch of the Vlasna Sprava programme, we have already had 15,600 winners, with the state investing a total of UAH 3.7 billion in business development through grants. One in five grants issued is for starting a business. These are more than 3,000 new small and micro enterprises in various industries. Others took grants to scale up their existing businesses, increase the volume and range of products and services. In doing so, these entrepreneurs will create more than 34,000 new jobs in all regions of our country,” said Tetiana Berezhna.
Among the recipients of the sixth wave of microgrants, 53% are women, 34% are men and 13% are legal entities. More than 75% of them have higher education. Most of the grantees are from Lviv region (76 people), Rivne region (42 people), Ivano-Frankivsk and Vinnytsia regions (40 people each) and the city of Kyiv (62 people). The vast majority of grantees plan to use the microgrant funds to purchase equipment needed to run their business.
The most popular areas in which the winners of the sixth wave will operate are:
– Wholesale and retail trade, vehicle repair – 198 people;
– Temporary accommodation and catering – 90 people;
– Processing industry – 71 people. (Government portal)