Entrepreneurs from the affected and de-occupied regions received the most significant number of EU4Business grants under the program

Опубліковано 29 December 2023 року, о 9:30

Since August 2023, more than 600 grant agreements have been approved. Of these, 62.1% operate in war-affected areas or the DOT and are registered.

Kherson, Zaporizhzhia, Donetsk, Dnipro, Kharkiv, Odesa, Mykolaiv, Chernihiv, Kyiv, and Sumy are the regions which are in question.

Most grantees are individual entrepreneurs involved in manufacturing, restaurants, or medical businesses. They have received over 500 grants.

The German Government and the European Union are providing financial support for the competition. Three banking institutions are participating in the competition:

Grants totaling more than 52 million UAH were approved for Joint Stock Company Oschadbank, more than 45 million UAH for Joint Stock Company PrivatBank, and almost 795 thousand UAH for Bank Lviv.

The competition winners may use the grant funds for various purposes, such as paying salaries, purchasing fixed assets, goods, and materials, renting, and paying for services and work performed.