The results of this year’s eleventh wave of the “Grant for Your Own Business” program have identified 346 Ukrainian winners, who will receive UAH 83 million for business expansion. The Government portal reports.

The winners include 49% women, 33% men, and 18% legal entities.

The majority of our grantees reside in the Lviv, Kyiv, Khmelnytskyi, Rivne, and Vinnytsia regions and Kyiv.

The winners of the eleventh wave will be working in some of the most popular areas:

– Wholesale and retail trade, repair of motor vehicles

– temporary accommodation and catering.

– The processing industry.

– Healthcare and social assistance.

Since the program launched in July 2022, 18,000 Ukrainians have won grants to start or develop their businesses, with the state providing more than UAH 4 billion in funding.

Ukrainians can get a microgrant of UAH 50,000 to 250,000 under the “Grant for Your Own Business” program. The funds can be used to buy or lease equipment, buy raw materials and supplies, and rent premises.

Both existing entrepreneurs and individuals with no prior experience in this field may apply for microgrants. To qualify for funding, applicants must create one or two jobs, with the number of jobs required varying depending on the grant amount.

More information about the grant is available here.