"Oschadbank" announced grants for entrepreneurs: 4000 euros for 750 micro-businesses

Oschadbank will launch the grant project "EU4Business: Recovery, competitiveness and internationalization of SMEs in Ukraine". AIN.UA reports on this reported in the press service of the bank.

Illustrative photo

• The grant project provides non-refundable funding of up to 4000 euros for about 750 micro-businesses within 6 months of selection.
• Grants will cover the entrepreneurs' immediate expenses, including replacing damaged equipment, moving/return transportation costs or working capital needs.
• Three groups of applicants will be able to apply for grants:
• micro-enterprises in the most affected regions (Mykolaiv, Dnipropetrovsk, Zaporizhzhya, Kharkiv, Donetsk, Kyiv, Chernihiv, Sumy, Luhansk and Kherson regions);
• businesses that have returned to de-occupied territories (previously occupied territories of Kyiv, Chernihiv, Kharkiv, Kherson, Donetsk and Sumy regions or other regions that will be de-occupied at the time of submission of grant applications);
• companies that are important for the provision of basic goods and services in all controlled areas, - said Valery Maiboroda, a representative of the Entrepreneurship Development Fund.
• Microbusiness representatives will be able to apply for a grant from July 1 through the Diya.Business service.
• The program is jointly financed by the European Union and the Federal Ministry for Economic Cooperation and Development of the Federal Republic of Germany (BMZ) and is implemented within the framework of the project "Use and implementation of the Association Agreement between the European Union and Ukraine in the field of trade".
• The role of Oschadbank in the project will be to check the business reputation of applicants for grants, open accounts for the payment of grant aid and control the intended use of the funds received.

Read also on Newsky "Lithuania initiated a criminal case against Solovyov, Skabeeva and Krasovsky" and look at "Boring Pence" YouTube channels.

To always be aware of events, subscribe to TG channel Newsky. We also recommend current discussions of friends of Ukraine in North America on Rashkin Report YouTube channels.