After almost nine months of devastating war, Ukrainian business is recovering from the shock and showing good recovery indicators. This was facilitated by tax reductions, preferential loans and grants for starting a business, creating jobs in small and medium-sized enterprises, as well as the opportunity to acquire new skills for new professions.
Therefore, in order to provide support to entrepreneurs whose business was damaged during the war, the Cabinet of Ministers of Ukraine launched a new economic strategy "eRobota", which includes various programs (grants) whose purpose is to create tens of thousands of enterprises and hundreds of thousands of jobs. This strategy includes the following programs:
-grants from UAH 50,000 to UAH 250,000 for future entrepreneurs, active sole traders and legal entities for the creation or development of their own business;
-grants from UAH 140,000 to UAH 400,000 per hectare, but no more than 70% of the project cost for non-profit organizations and legal entities for the development of their own horticulture, berry growing and viticulture;
-grants of up to UAH 7,000,000 per 2 ha, but no more than 70% of the project cost for active FOPs and legal entities for the development of greenhouse farming;
-grants of up to UAH 8,000,000 for future entrepreneurs, active FOP or legal entities for the creation or development of processing enterprises;
- non-refundable grants from UAH 750,000 to UAH 3,500,000 and repayable grants from UAH 3,500,000 to UAH 8,000,000 for IT startups;
-grants in the form of educational programs in the field of IT, which can be received by persons who are idle, with whom the validity of the employment contract has been suspended, who have been granted leave without salary without a time limit, IDPs, etc. However, if you do not have a professional (vocational-technical) and/or professional pre-higher, and/or higher education, if your work experience is less than 1.5 years, or if you received a specialization in the field of IT and/or have work experience in the IT industry - You cannot be a member of such a program.
If you have any questions about obtaining grants, contact the Dynasty Law & Investment team and our specialists will provide you with professional advice and qualified assistance.
Violetta Fedorko, lawyer at Dynasty Law & Investment