Ukraine: USAID to help attract major U.S. banks to investment projects

The United States Agency for International Development (USAID) will support small and medium-sized businesses, expand grant programmes for entrepreneurs, including those in the de-occupied territories and continue export promotion programmes. The agency may also help Ukraine attract major U.S. banks for investment projects. This was discussed during a meeting between Yuliia Svyrydenko, First Deputy Prime…

Ukraine: industrial parks to help change economy structure from raw materials to processing

Ukrainian business is the major driver of recovery and growth, so supporting entrepreneurs is one of the Government’s key priorities. This was emphasised by Prime Minister Denys Shmyhal. “During the full-scale war, businesses have received 40,800 soft loans under the 5-7-9 programme worth UAH 159.8 billion. More than half of the recipients are agrarians, almost…

Ukraine: in Chernihiv region number of entrepreneurs exceeds pre-war level

Since year-start, 5,960 businesses have been registered in Chernihiv region, of which 388 are entities and 5,572 are individual entrepreneurs, which is the highest figure in the last three years, Svitlana Poltoratska, Deputy Director of Economic Development at the Chernihiv Regional State Administration, has revealed. “This phenomenon can be explained by the simplification of taxation…